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Nigel Farage Buys 6% Stake in Bitcoin Treasury Firm Chaired by Kwasi Kwarteng

The move sharpens scrutiny of Reform UK's crypto funding through a listed vehicle building a bitcoin reserve.

Overview

  • Farage invested £215,000 via Thorn In The Side Ltd for 4.3 million shares at 5p, equating to roughly 6.3% once new shares are admitted on March 12.
  • The £260,000 fundraise issued 5.2 million shares and added Blockchain.com as a strategic investor to provide custody and treasury infrastructure.
  • Stack BTC holds 21 BTC following its first purchase on March 3 and targets acquisitions of cash‑generative UK businesses to grow a bitcoin reserve.
  • Executive chairman and former chancellor Kwasi Kwarteng holds about 5.4% of the company with his wife, according to disclosures.
  • Opposition parties and transparency groups have pressed for fuller disclosure and tighter rules on crypto political donations linked to Reform UK.