Stack BTC Plc, a UK-based Bitcoin firm chaired by former Chancellor Kwasi Kwarteng, has successfully raised $347,204 from several investors, including Nigel Farage, leader of the Reform UK party, and the cryptocurrency platform Blockchain.com. The company plans to use the funds to acquire and expand British businesses, build a Bitcoin treasury, and support general working capital needs.
The capital was raised through the issuance of 5,200,000 new ordinary shares priced at five pence each. A press release issued on March 9 highlighted that Farage’s investment reflects his long-standing commitment to supporting UK businesses and his belief in Bitcoin as both a financial asset and a digital currency. Throughout his career, Farage has consistently promoted independent and local enterprises, emphasizing their importance to the British economy.
“London and the UK have historically been at the center of global financial markets, and I believe we can and should become a major hub for the crypto industry,” Farage said in the statement. He also emphasized the significance of small and medium sized enterprises, which provide employment for roughly 60 percent of the private sector workforce. Farage noted that Stack’s approach of acquiring and nurturing businesses represents a strategy for long-term growth and economic support.
Blockchain.com will provide institutional-grade services to support Stack’s Bitcoin treasury initiative, complementing its investment in the company. Stack BTC Plc was officially registered with the UK Financial Conduct Authority on February 10, 2026, which allows the company to operate legally as a crypto asset business within the region.
Kwasi Kwarteng, who serves as Executive Chairman of Stack, welcomed the involvement of both Farage and Blockchain.com, noting that their participation aligns closely with the company’s objectives. “Nigel’s steadfast support for British businesses and his conviction that Bitcoin will play an increasingly important role in global finance are perfectly aligned with the company’s ethos and strategic plans,” Kwarteng stated. He added that the infrastructure provided by the crypto service provider will ensure that Stack maintains the highest standards for custody and security of its Bitcoin reserves.
Share Trading and Ownership Structure
The new shares are scheduled to begin trading on the Aquis Growth Market from March 12, 2026. Investors who purchased the shares will also receive warrants, which can be exercised once certain conditions are met. Following this issuance, Stack will have a total of 68,130,000 ordinary shares in circulation, each carrying one voting right. The existing concert party now holds 45.21 percent of the company’s issued share capital.
Nigel Farage currently owns 4,300,000 shares, representing 6.31 percent of the total, while Kwarteng holds 3,700,000 shares, equal to 5.43 percent. The remaining shares are distributed among other directors and investors.
Earlier in March, Stack announced its intention to operate as a dedicated Bitcoin treasury company. The firm plans to start its treasury with an initial acquisition of 21 BTC, with future reserves to be funded through a combination of equity issuance, acquisitions, and operating profits.
With this move, Stack joins established participants in the UK Bitcoin treasury space, including the Smarter Web Company and Satsuma Technology, which currently hold 2,692 BTC and 620 BTC, respectively, according to data from BitcoinTreasuries. This step further solidifies the company’s position as a growing player in the intersection of corporate treasury management and cryptocurrency investment.#crypto#cryptonews https://t.me/coinsignalpublic https://coinsignals.net
