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Bitcoin joins British politics as Reform UK leader Nigel Farage buys £2M BTC
- UK politician Nigel Farage has bought £2 million worth of Bitcoin, making him the first sitting Member of Parliament in the UK to publicly buy BTC.
- Nigel Farage now owns around 6% in Stack Bitcoin treasury firm, chaired by former Chancellor Kwasi Kwarteng.
- Nigel Farage’s crypto investments have been termed “a scandal hiding in plain sight.”
United Kingdom Member of Parliament Nigel Farage has added £2 million ($2.7 million) in Bitcoin to his wealth portfolio. According to reports, he made the purchase through Stack, a listed UK Bitcoin treasury firm.
Per the April 13 announcement, Nigel Farage has become the first-ever MP and the first-ever UK political party leader to invest in Bitcoin for trade.
Nigel Farage goes heavy on Bitcoin
Farage’s Bitcoin purchase has been termed a landmark moment for BTC in the politics of the United Kingdom of Great Britain. Praised by many, critics have also weighed in with questions about how politicians are investing in crypto coins and the effects it now has on normal day traders.
BREAKING: Nigel Farage has purchased £2m of Bitcoin for Stack BTC – becoming the first sitting MP and the first UK political party leader in history to publicly buy Bitcoin.
— Stack BTC (@stackbtc_) April 13, 2026
A landmark moment for Bitcoin in British politics.$STAK @Nigel_Farage @blockchain @kwasi_stackbtc… pic.twitter.com/O614kKe5TN
On the other hand, Frage has quite a relationship with Stack BTC. At the start of 2026, Nigel Farage made heavy investments in the Bitcoin company. According to reports, he invested £215,000, around $288,500, through his company, Thorn In The Side Ltd.
With that purchase, Farage secured roughly 6% ownership in the Aquis-listed Bitcoin treasury firm chaired by former Chancellor Kwasi Kwarteng.
In the video released by Stack, the company hints at upcoming Bitcoin purchases, adding that the Farage BTC buy is but “the beginning of a great journey.”
In a different X post, Stack announced the purchase of 37 Bitcoins for £2 million, bringing total Bitcoin holdings to 68. According to CoinMarketCap, Bitcoin is presently trading at $70,963. At that price, Stack’s total BTC holdings stand at approximately $4.825 million.
Farage accused of playing Trump games with crypto
Today’s purchase has only amplified Farage’s behavioral tendencies that investors now tie to POTUS Donald J. Trump.
Nigel Farage also receives crypto donations. Reports have it that Ben Delo, BitMEX’s co-founder, donated 4 million pounds (approximately $5.1 million) to Farage’s Reform UK party.
As reported by Cryptopolitan, Farage is already working on the deregulation of the crypto industry, hoping to breathe new life into the UK crypto industry should his party come to power. For Farage, the UK financial services industry has become anemic since its management by both the Conservatives and Labour parties.
According to the Electoral Commission’s guidelines, crypto donations are not illegal under electoral law, though they should be classified as non-cash donations and evaluated in pounds. In addition, parties have to confirm the donor’s identity, especially if the donation exceeds 500 pounds.
Secondly, the Reform UK party received a £9M ($12 million) donation from Christopher Harborne, a crypto investor. The Trump playbook has roots. According to Reuters, Farage is a friend of United States President Donald Trump.
Two-thirds of Reform’s funds in the last year have come from Harborne. He has stated in court filings that he owns 12% of Bitfinex, a crypto exchange that is a subsidiary of Tether, the world’s largest stablecoin issuer.
Christopher Harborne had previously been one of the biggest individual donors in politics, donating over £10 million in installments to Farage’s Brexit Party for their 2019 campaign.
Nigel Farage also received £28,000 (around $37,609) from Harborne to attend the inauguration of President Donald Trump.
Nigel Farage’s crypto investments are “a scandal hiding in plain sight”
It has been reported that Farage’s political campaign is now starting to resemble a giveaway show, offering massive financial gains for everyone.
As long as investors become convinced that Nigel Farage will eventually take control of No 10 Downing Street – and that a Reform government will work to promote his crypto stakeholders – the positive outcome becomes self-fulfilling.
This is not only an investment in Bitcoin; it is an investment in political influence and power. Should this new era of Bitcoin materialize in the United Kingdom, Stack BTC is well-positioned for strong business.
While Trump’s playbook may prove successful in the US, Farage sells Reform UK as a way to circumvent elites, support technological innovations, and give power back to “the people”.
To many investors, Trump has not held his end of the bargain, neither will Farage.
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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Florence Muchai
Florence has been covering for the past 6 years crypto, gaming, tech, and AI news. Her Computer Studies at Meru University of Science and Technology and Disaster Management and International Diplomacy at MMUST amply equip her with language, observation and technical skills. Florence has worked at VAP Group and as an editor for several crypto media houses.
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