The company now holds a total of 68.1898 Bitcoin, according to an April 13 filing.
Bitcoin News
Stack BTC, an Aquis-listed Bitcoin treasury company, purchased 2 million British pounds ($2.7 million) worth of Bitcoin on Monday, adding 37 Bitcoin to its holdings at an average price of roughly $72,385 per coin.
The company now holds a total of 68.1898 Bitcoin, according to an April 13 filing. The purchase follows a previously disclosed $286,000 equity investment by Nigel Farage, the leader of ReformUK, who holds a 6.31% minority stake in the company alongside Stack BTC chairman and former U.K. Chancellor Kwasi Kwarteng.
Stack BTC described Farage's involvement as a landmark moment for Bitcoin in British politics, calling him the first sitting U.K. member of parliament and political party leader to publicly back Bitcoin. Farage said in a video accompanying the announcement that, as a Bitcoin treasury company, Stack needed to actually hold Bitcoin, while Kwarteng described the firm's recent weeks as a period of significant progress.
Stack BTC shares, trading under the ticker STAK, rose 7.5% on Monday to $14.43, up from $13.43 at Friday's close.
The purchase arrives as the U.K. government moves toward tighter restrictions on crypto-linked political funding. In March, the U.K. announced plans to temporarily ban crypto donations to political parties, following recommendations aimed at reducing the risk of opaque or overseas influence.
Reform UK pulled in approximately $18 million in crypto-linked funding in 2025 alone, ahead of the ruling Labour Party and the Conservatives, making it the most prominently crypto-funded political group in the country. The scale of that funding has drawn scrutiny from regulators and transparency campaigners.
Stack BTC has been positioning itself as a route for U.K. investors to gain BTC exposure through public markets. The firm's continued acquisitions and Farage's deepening ties to it come at a moment when policymakers are preparing rules that could restrict one of Reform UK's fastest-growing funding channels.
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