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Bitcoin treasury firm Stack BTC, linked to UK political figure Nigel Farage, has purchased about $2.7 million worth of Bitcoin as part of its corporate treasury strategy.
The Aquis-listed company bought 37 BTC at an average price of roughly $72,385, bringing its total holdings to just over 68 BTC. The move is part of its broader strategy to position itself as a public-market gateway for Bitcoin exposure.
The acquisition further deepens Farage’s involvement in the firm, following his earlier equity investment and public support for its Bitcoin-focused approach. The company has framed the purchase as the start of a longer-term accumulation strategy, while also highlighting strong trading activity in its shares.
The development comes as crypto’s role in UK politics faces increasing scrutiny, with regulators considering tighter rules on crypto-linked political donations.
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