Reform UK leader backs London-listed company chaired by former Chancellor Kwasi Kwarteng as it expands bitcoin strategy.
Nigel Farage invested in Stack BTC and will hold about 6.31% of the firm when the new shares begin trading on Aquis on March 12. Stack BTC, which currently holds 21 BTC, raised 260,000 pounds in a funding round that also included Blockchain.
com.by selling 5.2 million new shares at 5 pence each, it said on Monday. The new shares are expected to begin trading on the Aquis Growth Market on March 12. Farage invested through his Thorn In The Side Ltd. company and will hold 6.31% of Stack following admission of the new shares. Farage said he has long supported bitcoin and believes the U.K. should position itself as a global hub for the crypto industry. Reform is“I have long been one of the UK's few political advocates for Bitcoin,” he said in the statement, adding that London should continue to strengthen its role as a center for financial innovation. Stack BTC is chaired by former Chancellor Kwasi Kwarteng, who said the investment aligns with the company's goal of building a portfolio of cash-generative U.K. businesses while accumulating bitcoin as a treasury asset. It currently holds 21 BTC.CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. The network's co-founder says many blockchains pitching financial rails lack the activity to justify their valuations, and stablecoins still lack true product-market fit.Yuval Rooz, CEO of Digital Asset, the company behind the Canton blockchain, says most smart contract networks lack the activity and revenue to justify multibillion-dollar valuations. Canton burns tokens with every transaction and distributes issuance to fee-generating apps, aiming to tie value to usage.Mar 7, 2026
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