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The Independent UK
The Independent UK
Business
David Maddox

Nigel Farage takes significant stake in Kwasi Kwarteng’s bitcoin company

Nigel Farage has acquired a significant stake in a bitcoin reserve business helmed by Liz Truss’s former chancellor Kwasi Kwarteng.

The Reform UK leader has invested £215,000 in Stack BTC, participating in an equity fundraising that also involved Blockchain.com. Mr Farage secured 4.3 million shares through his investment vehicle Thorn In The Side Ltd at a price of 5p per share, giving him 6.3 per cent ownership. The company confirmed that the total investment from this fundraising was £260,000.

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