Nigel Farage invests £215,000 in Kwasi Kwarteng’s bitcoin firm

The Guardian - World NewsEN 2 min read 100% complete by Lauren AlmeidaMarch 9, 2026 at 12:50 PM

AI Summary

medium article 2 min

Nigel Farage has invested £215,000 in Stack BTC, a bitcoin reserves company chaired by former Conservative Chancellor Kwasi Kwarteng. The investment was made through Farage's media company, Thorn In The Side Ltd. Farage has expressed support for the crypto industry and stated his belief that the UK can become a major global hub for cryptocurrency. This investment comes as Reform UK strengthens its ties with the sector, having received £12m in donations from crypto billionaire Christopher Harborne. Stack BTC is listed on London's small-cap stock exchange Aquis and owns 21 bitcoins worth over £1m. The company's shares jumped 67% following the announcement. Farage has previously advocated for bitcoin as a viable form of currency and has expressed interest in allowing people to pay taxes with crypto.

Key Entities & Roles

Key Player Opposition Context

Aquis 30% Thorn In The Side Ltd 35% Liz Truss 40% Paul Withers 40% Christopher Harborne 50% United Kingdom ×260% Reform UK 70% Kwasi Kwarteng ×380% Stack BTC ×685% Nigel Farage ×790%

Keywords

bitcoin 90% cryptocurrency 80% nigel farage 70% kwasi kwarteng 60% stack btc 50% reform uk 40% digital currencies 40%

Sentiment Analysis

Neutral

Score: 0.10

Source Transparency

Source

The Guardian - World News

Classification Confidence

90%

Geographic Perspective

United Kingdom

This article was automatically classified using rule-based analysis.

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bitcoin cryptocurrency nigel farage kwasi kwarteng stack btc reform uk digital currencies

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