Stack BTC Plc has raised $347,204 from a number of entities, together with Nigel Farage, chief of the Reform UK social gathering, and Blockchain.com.
The fundraising was carried out by way of the issuance of 5,200,000 new bizarre shares at 5 pence per unit, with plans to make use of the proceeds to purchase and develop UK companies, construct a Bitcoin (BTC) treasury, and fund normal working capital.
Stack’s BTC Fundraise
A March 9 press launch reveals that Farage’s financing was made as a present of his long-standing assist for British companies and advocacy for BTC. All through his profession, the politician has championed native unbiased firms and talked about his perception within the OG cryptocurrency’s potential as a monetary asset and digital foreign money.
“London and the UK have traditionally been the middle of the world’s monetary markets, and I imagine we are able to and must be a serious world hub for the crypto trade,” mentioned Farage within the press launch.
He additionally mentions the significance of UK SMEs, which offer jobs to about 60% of the non-public sector workforce, including that Stack’s method of buying and rising companies is a technique for long-term capital and assist.
Blockchain.com will likely be offering institutional-grade companies to assist Stack’s BTC stockpile plan on prime of its funding. The agency was formally registered below the UK Monetary Conduct Authority (FCA) on February 10, 2026, a improvement that enables it to legally function as a crypto asset enterprise within the area.
Kwasi Kwarteng, Stack’s Govt Chairman and former UK Chancellor, welcomed the 2 as traders, saying the partnership aligns intently with the corporate’s objectives.
“Nigel’s unwavering assist for British enterprise and perception that Bitcoin is ready to quickly increase its position in finance is completely aligned with the corporate’s ethos and enterprise plans,” he wrote.
He added that the crypto service supplier’s infrastructure will assist make sure the agency maintains the very best requirements of custody companies for its BTC treasury.
Shares To Start Buying and selling in March
The brand new shares will likely be out there for buying and selling on the Aquis Development Market from 12 March 2026, with traders additionally receiving warrants that may be exercised as soon as sure situations have been met sooner or later.
Stack will now have 68,130,000 bizarre shares in circulation, every carrying one voting proper. Of the overall issued share capital, the corporate’s current live performance social gathering now collectively accounts for 45.21%.
Farage presently controls 4,300,000 shares (6.31%), whereas Kwarteng holds 3,700,000 shares (5.43%), with the remaining models distributed amongst different administrators and events.
Stack introduced earlier in March that it might start working as a BTC treasury firm, with plans to begin its reserves with a 21 BTC buy. The agency intends to fund this future stockpile by way of fairness issuance, acquisitions, and working earnings.
The corporate will now be part of established gamers within the UK BTC treasury area, together with the Smarter Net Firm and Satsuma Expertise, which respectively maintain 2,692 BTC and 620 BTC, per knowledge from BitcoinTreasuries.
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