Stack BTC Plc (STAK), a UK-based company focused on building a portfolio of cash-generative businesses alongside a Bitcoin treasury, announced a strategic investment from notable figures, including Nigel Farage MP and Blockchain.com.
The company completed an equity fundraising of £260,000 at £0.05 per share through the issuance of 5,200,000 new ordinary shares.
The fundraise includes equity participation from Nigel Farage, leader of the Reform UK political party, and Blockchain.com, a prominent player in the Bitcoin and cryptocurrency space. This strategic move aligns with Stack’s business strategy and Farage’s advocacy for British businesses and Bitcoin’s role in the future of finance.
Blockchain.com has not only invested in Stack but also entered into a strategic partnership to provide institutional-grade services. This collaboration aims to enhance Stack’s capabilities in the digital asset space and leverage Blockchain.com’s expertise in crypto services.
Stack intends to utilize the proceeds from the fundraising to execute its strategy of acquiring high-quality, cash-generative businesses while simultaneously growing its Bitcoin treasury. The company aims to support smaller UK companies through acquisitions, aligning with Farage’s vision of fostering independent British businesses.
Nigel Farage commented, “I am delighted to have become an investor in Stack and lend my support to the team. I have long been one of the UK’s few political advocates for Bitcoin, recognizing the role digital currencies will play in the future of business and finance.”
Earlier in the year, Blockchain.com registered with the UK Financial Conduct Authority (FCA) to operate as a crypto asset business. Their partnership with Stack will focus on developing the company’s Bitcoin treasury strategy, leveraging Blockchain.com’s decade-long experience in the British crypto ecosystem.
Kwasi Kwarteng, Executive Chairman of Stack, stated, “We are absolutely delighted to have Nigel Farage and Blockchain.com become strategic investors in Stack. Nigel’s unwavering support for British business and belief that Bitcoin is set to rapidly expand its role in finance is perfectly aligned with the Company’s ethos and business plans.”
The new ordinary shares will rank equally with existing shares, and an application for their admission to trading on the Aquis Growth Market is expected on March 12, 2026. Additionally, strategic investors received warrants exercisable at 5p from January 21, 2028, or when the company’s market capitalization reaches £100,000,000.
Following the admission, Stack will have 68,130,000 ordinary shares in issue, each with one voting right. Significant shareholders include Paul Withers (29.21%), Melisa Lawton (6.31%), Nigel Farage (6.31%), and Kwasi Kwarteng (5.43%).
A concert party comprising Paul Withers, Daniel Howe, Kwasi Kwarteng, and Jai Patel, collectively holds 45.21% of the company’s issued share capital following the admission of the new ordinary shares.
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