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- Stack BTC bought 37 bitcoin for about $2.7 million, taking its treasury to 68.1898 BTC.
- Nigel Farage, who already holds roughly a 6% stake in the company, has become one of the most visible political backers of the firm’s bitcoin strategy.
Stack BTC has added another $2.7 million worth of bitcoin to its balance sheet, extending a treasury strategy that is now closely tied, politically as well as financially, to Reform UK leader Nigel Farage.
According to an April 13 company filing, the UK-listed firm bought 37 BTC at roughly $72,385 per coin. That takes Stack BTC’s total holdings to 68.1898 BTC, a meaningful step up for a company that only began building its treasury this year.
Stack keeps building its bitcoin reserve
The purchase fits the company’s broader model, which combines bitcoin accumulation with a strategy of building or acquiring cash-generative businesses that can help support treasury growth over time.
Stack BTC is listed on London’s Aquis exchange and has increasingly positioned itself as a British version of the public-company bitcoin treasury trade that has spread more aggressively in the United States.
This latest buy also suggests the company is still in accumulation mode despite a choppier market backdrop. Buying at around $72,385 a coin is not exactly bargain-basement territory, which makes the move look more like conviction than opportunism.
Farage’s crypto ties are getting harder to separate from the story
Farage’s connection matters here because he is not just offering rhetorical support. In March, he invested £215,000 in Stack BTC through his company Thorn In The Side Ltd, taking roughly a 6.3% stake. The fundraising round also included Blockchain.com.
That has turned Stack BTC into something more than a treasury company. It is now part of the UK’s wider political conversation around crypto as well. Farage has been one of Britain’s most outspoken political advocates for bitcoin, and his involvement gives the company a visibility most small listed treasury vehicles do not usually get
