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UK MP Buys £2M in Bitcoin. Sets a New Precedent

A sitting UK Member of Parliament publicly bought £2 million worth of Bitcoin. That MP is Nigel Farage. And it’s a first in British political history.

The purchase was made through Stack BTC, a London-listed company focused on holding Bitcoin as a core treasury asset. Farage is already a shareholder in the firm. Back in March 2026, he invested £215,000 through his company Thorn In The Side Ltd, picking up a 6.3% stake. 

Now Stack BTC has gone further, acquiring £2 million worth of Bitcoin as part of its broader strategy to grow its digital asset holdings. 

Why This UK MP Bitcoin Move Is a Big Deal

Politicians talking about crypto is nothing new. But a sitting MP putting real money behind Bitcoin? That’s a different story.

Farage has called for the UK to adopt a more supportive regulatory environment for digital assets, arguing that Britain risks falling behind other jurisdictions in blockchain-based finance.

This isn’t just talk anymore. The investment puts skin in the game.

Stack BTC trades on the Aquis Stock Exchange under the ticker STAK and emerged from a restructuring of a previous digital asset vehicle, rebranding to focus on accumulating Bitcoin while pursuing business acquisitions. 

The company’s chair is no small name either. Stack BTC is led by executive chairman Kwasi Kwarteng, the former Chancellor who served under PM Liz Truss. 

Also Read: No More Bitcoin for Politics: UK Moves to Ban Crypto Donation

What Is Stack BTC?

Stack BTC follows a model that’s gained real traction globally. Think MicroStrategy in the US, but UK-listed and smaller scale.

The company aims to give investors public market exposure to Bitcoin through equity markets, rather than through direct ownership of tokens. The model gained prominence in the United States before spreading to smaller listed companies in Europe and Asia. 

Blockchain.com also entered a strategic partnership with Stack BTC to help build institutional-grade services linked to the company’s Bitcoin treasury plans. That’s a serious vote of confidence from a major industry player.

Farage’s Crypto Policy Vision

This investment doesn’t exist in isolation. Farage has been building a crypto-friendly political brand for a while now.

He has proposed a Cryptoassets and Digital Finance Bill that would cut capital gains tax on crypto from 24% to 10%, set clear regulatory guidelines, and introduce a two-year sandbox for firms to develop use cases before formal regulation kicks in. 

He’s also floated the idea of a Bitcoin reserve. Similar to Trump’s Federal Bitcoin Reserve, launched in March 2025, Farage has expressed interest in creating a Bitcoin Reserve within the Bank of England, funded through seized crypto assets. 

Reform UK also became the first major British political party to officially accept crypto donations, a move Farage announced at the Bitcoin conference in Las Vegas in May 2025. 

Also Read: UK FCA Draws the Line – Crypto Licensing Starts September 2026

What Does This Mean for UK Crypto Adoption?

Honestly, the optics here matter as much as the money.

Supporters of digital assets argue that the UK could benefit from developing a stronger domestic crypto sector, particularly as financial centres in the US, Europe, and parts of Asia compete for dominance in the space. 

When a sitting MP publicly backs Bitcoin at this level, it shifts the conversation. It tells regulators, institutions, and everyday investors that digital assets are no longer a fringe topic.

Farage himself said he believes London “can and should be a major global hub for the crypto industry,” pointing to the UK’s historical role as a world financial centre. 

Whether you agree with his politics or not, that kind of visibility helps mainstream adoption in ways that a thousand press releases cannot.

Also Read: Top Crypto Scams Explained: Rug Pulls, Phishing & Ponzi Schemes

Is Nigel Farage the first UK MP to publicly buy Bitcoin? 

Yes. He is the first sitting Member of Parliament in UK history to publicly announce a Bitcoin investment of this scale.

What is Stack BTC? 

Stack BTC (ticker: STAK) is a London-listed company on the Aquis Growth Market. It builds a Bitcoin treasury while also acquiring smaller UK businesses.

Did Farage invest personally or through a company? 

Through his company, Thorn In The Side Ltd. He holds roughly 6.3% of Stack BTC following his initial £215,000 investment in March 2026.

Does this affect UK crypto policy? 

Not directly, but Farage’s public backing adds political pressure for faster, clearer crypto regulation in the UK.

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Disclaimer:

Look, we’re just journalists reporting the news here, not your financial advisors. Everything you read above is for information purposes only. Crypto is wild, unpredictable, and can absolutely wreck your savings if you’re not careful. Never invest money you can’t afford to lose. Seriously, we mean it. Do your own research, talk to actual licensed financial professionals, and remember that past performance means absolutely nothing when it comes to future results. The crypto market can turn on a dime, and what’s hot today might be toast tomorrow. We’re not responsible for your investment decisions, good or bad. Trade smart, stay safe, and don’t bet the farm on anything you read on the internet, including this article.

Shubham Raniwal
I’m a cryptocurrency journalist with a strong passion for blockchain technology and digital assets. Over the years, I have covered a wide range of topics including crypto markets, projects, and regulatory developments. I focus on crafting clear and insightful stories that help readers understand the complexities of the blockchain space. When I’m not writing, I enjoy photography and exploring the exciting intersections of technology and art.

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