UK-based digital asset firm Stack BTC Plc has secured £260,000 in fresh funding, with Reform UK leader Nigel Farage emerging as a key investor after acquiring a roughly 6% stake in the company.
Summary
- Nigel Farage acquired an estimated 6% stake in Stack BTC through a £260,000 fundraising round.
- The company issued 5.2 million shares at 5p each on the Aquis Stock Exchange.
- Stack BTC plans to acquire profitable UK businesses while building a corporate Bitcoin treasury strategy.
UK firm Stack BTC raises £260K to build corporate Bitcoin treasury
The fundraising was completed through the issuance of 5.2 million new shares priced at 5 pence each, according to an announcement on the Aquis Stock Exchange. The new capital will support the firm’s strategy of building a Bitcoin-focused treasury while acquiring profitable UK businesses.
The investment also saw participation from Blockchain.com, which joined the company as a strategic investor as Stack BTC seeks to expand its role in digital asset infrastructure and treasury management.
Following the transaction, the newly issued shares are expected to be admitted to trading on the Aquis Growth Market, increasing the company’s total shares in issue to more than 68 million.
Stack BTC said the proceeds from the raise will be used to accelerate its merger-and-acquisition strategy, targeting “high-quality, cash-generative businesses” while gradually building exposure to Bitcoin as a long-term treasury asset.
The company’s strategy reflects a broader trend among publicly listed firms experimenting with corporate Bitcoin holdings as a hedge against currency debasement and macroeconomic uncertainty.
Farage has been an outspoken supporter of digital assets and has previously argued that cryptocurrencies could play an increasing role in the global financial system.
“I am delighted to have become an investor in Stack and lend my support to the team. I have long been one of the UK’s few political advocates for Bitcoin, recognising the role digital currencies will play in the future of business and finance. London and the UK has historically been the centre of world’s financial markets, and I believe that we can and should be a major global hub for the crypto industry,” Farage said.
Investors participating in the fundraising also received one warrant for every two shares purchased, exercisable at 5 pence under certain conditions, including if the company’s market capitalization reaches £100 million.
The move places Stack BTC among a growing group of companies attempting to combine traditional business acquisitions with Bitcoin treasury exposure, positioning itself to benefit from the expanding digital asset economy.