Stack BTC Plc has successfully raised $347,204 from various entities, including Nigel Farage, leader of the Reform UK party, along with Blockchain.com. The funds were gathered through the issuance of 5,200,000 new ordinary shares priced at 5 pence each, aimed at acquiring and growing UK businesses, bolstering a Bitcoin (BTC) treasury, and covering general operational costs.

Stack’s BTC Fundraise

A press release dated March 9 indicates that Farage’s investment underscores his enduring support for UK businesses and his advocacy for Bitcoin. Throughout his career, he has promoted local independent enterprises and expressed confidence in the original cryptocurrency’s capacity as both a store of value and a medium of exchange.

“London and the UK have historically been the center of the world’s financial markets, and I believe we can and should be a major global hub for the crypto industry,” stated Farage in the release.

He emphasized the significance of small and medium-sized enterprises (SMEs) in the UK, which account for roughly 60% of the private sector workforce. He added that Stack’s strategy of acquiring and nurturing businesses represents a robust plan for future capital growth.

Blockchain.com is set to deliver institutional-grade services to fortify Stack’s Bitcoin holdings, further validating its investment. Blockchain.com received registration from the UK Financial Conduct Authority (FCA) as a crypto business in February 2026.

Kwasi Kwarteng, Stack’s Executive Chairman, welcomed the new investors, noting that their partnership harmonizes with the company’s overarching objectives.

“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,” he remarked.

Kwarteng added the infrastructure provided by the crypto service firm would ensure high standards in custody for its Bitcoin holdings.

Trading Begins in March

The newly issued shares will commence trading on the Aquis Growth Market starting March 12, 2026, with investors also receiving warrants that can be exercised once specific conditions are satisfied in the future. This brings Stack’s total ordinary shares to 68,130,000, with existing concert parties now holding 45.21% of the total share capital.

Farage controls 4,300,000 shares (6.31%), while Kwarteng retains 3,700,000 shares (5.43%), with the balance allocated among other directors and stakeholders.

Stack recently disclosed its plan to commence operations as a Bitcoin treasury company and aims to initiate its reserves with a purchase of 21 BTC. This inventory increase will primarily be funded through equity issuance, acquisitions, and operating profits.

The company will compete alongside established players such as the Smarter Web Company and Satsuma Technology, which hold 2,692 BTC and 620 BTC, respectively, as recorded by BitcoinTreasuries.