Farage fronts £2m bitcoin purchase despite price tumble

cityam04-13 20:52

Farage was filmed buying £2m of Bitcoin for Stack BTC. (PA) Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2627545912?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2026/04/Nigel-Farage-fronted-a-Bitcoin-investment-e1776084701563.jpg?w=286&h=161&crop=1","is_english":true,"pubTime":"2026-04-13 20:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2627545912","market":"fut","top_or_hot":-1,"title":"Farage fronts £2m bitcoin purchase despite price tumble","media":"cityam","content":"<div>\n<p>Farage was filmed buying £2m of Bitcoin for Stack BTC. (PA) Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency...</p>\n\n<a href=\"https://www.cityam.com/farage-fronts-2m-bitcoin-purchase-despite-price-tumble/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Farage fronts £2m bitcoin purchase despite price tumble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFarage fronts £2m bitcoin purchase despite price tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-13 20:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/farage-fronts-2m-bitcoin-purchase-despite-price-tumble/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Farage was filmed buying £2m of Bitcoin for Stack BTC. (PA) Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency...</p>\n\n<a href=\"https://www.cityam.com/farage-fronts-2m-bitcoin-purchase-despite-price-tumble/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITU","symbol_name":"2倍做多比特币期货ETF-Proshares","start_time":0,"source_url":"https://www.cityam.com/farage-fronts-2m-bitcoin-purchase-despite-price-tumble/","article_id":"2627545912","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/04/Nigel-Farage-fronted-a-Bitcoin-investment-e1776084701563.jpg?w=286&h=161&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/farage-fronts-2m-bitcoin-purchase-despite-price-tumble/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2627545912","pubTimestamp":1776084720,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Farage was filmed buying 2m of Bitcoin for Stack BTC.  Reform UK’s Nigel Farage has fronted a 2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency’s price tumbling over recent months.Farage was filmed in a promotional video for the crypto reserves firm buying around 2m of Bitcoin, with the business stating that the political leader was the first sitting MP to “publicly buy bitcoin”.The SW1 disruptor stood alongside Stack BTC chairman Kwasi Kwarteng, who briefly served as UK chancellor during Liz Truss’ short premiership.In the choreographed video, Kwarteng completed Farage’s sentence, which said: “Stack cannot be a bitcoin treasury unless we buy bitcoin.”Stack BTC is an Aquis-listed company based in the UK that builds up bitcoin reserves for shareholders.The price of bitcoin against the US dollar has tumbled over the last year, falling by nearly 19 per cent in the last year.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITU":"2倍做多比特币期货ETF-Proshares","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","BETE":"等权重比特币&以太币期货ETF-ProShares","BKCH":"AdvisorShares Sabretooth ETF","YBIT":"YieldMax Bitcoin Option Income ETF","BITW":"Bitwise 10 Crypto Index ETF","FBTC":"比特币ETF-Fidelity","BETH":"比特币&以太币期货ETF-ProShares","BITX":"2倍比特币期货ETF-Volatility Shares","DIME":"CoinShares Altcoins ETF","HODL":"比特币ETF-VanEck","BTF":"比特币&以太币期货ETF-CoinShares","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","MSBT":"Morgan Stanley Bitcoin Trust ETP","YBTC":"比特币看涨期权ETF-Roundhill","BTC":"Grayscale Bitcoin Mini Trust","BITB":"比特币ETF-Bitwise","STCE":"Schwab Crypto Thematic ETF","BK4588":"碎股","MAXI":"比特币期货ETF-Simplify","IBIT":"比特币ETF-iShares","SBIT":"2倍做空比特币期货ETF-Proshares","BITC":"Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF","BRRR":"比特币ETF-CoinShares","NGHT":"Nicholas Bitcoin and Treasuries AfterDark ETF","BTFX":"比特币期货ETF-CoinShares","BITI":"1倍做空比特币期货ETF-Proshares","DAPP":"VanEck Digital Transformation ETF","BTCI":"NEOS Bitcoin High Income ETF","BTGD":"STKD Bitcoin & Gold ETF","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","GBTC":"比特币ETF-Grayscale","BTCO":"比特币ETF-Invesco Galaxy","BITO":"比特币期货ETF-ProShares","BITQ":"Bitwise Crypto Industry Innovators ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","ARKB":"比特币ETF-21Shares","WGMI":"比特币矿商ETF-CoinShares"},"translate_title":"尽管价格暴跌，法拉奇仍以200万英镑收购比特币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LFGY":1.5,"BITX":1.5,"BTGD":1.5,"BITW":1.5,"GBTC":1.5,"GDLC":1.5,"BITU":1.5,"BTCO":1.5,"MNRS":1.5,"BITC":1.5,"BKCH":1.5,"YBTC":1.5,"BTF":1.5,"BTC":0.6,"MAXI":1.5,"BITB":1.5,"ARKB":1.5,"HODL":1.5,"BEGS":1.5,"FBTC":1.5,"STCE":1.5,"NGHT":1.5,"WGMI":1.5,"IBIT":0.9,"BETH":1.5,"SBIT":1.5,"BTCL":1.5,"XBTmain":0.67,"BITI":1.5,"BETE":1.5,"DAPP":1.5,"MSBT":1.5,"BITQ":1.5,"BRRR":1.5,"BTCmain":0.67,"BTFX":1.5,"CBTJ":1.5,"YBIT":1.5,"DIME":0.8,"MBTmain":1.5,"BTCI":1.5,"BITO":0.6,"BTCZ":1.5},"content_text":"Farage was filmed buying £2m of Bitcoin for Stack BTC. (PA) Reform UK’s Nigel Farage has fronted a £2m purchase of bitcoin by the Kwasi Kwarteng-led crypto company Stack BTC despite the cryptocurrency’s price tumbling over recent months. Farage was filmed in a promotional video for the crypto reserves firm buying around £2m of Bitcoin, with the business stating that the political leader was the first sitting MP to “publicly buy bitcoin”. The SW1 disruptor stood alongside Stack BTC chairman Kwasi Kwarteng, who briefly served as UK chancellor during Liz Truss’ short premiership. In the choreographed video, Kwarteng completed Farage’s sentence, which said: “Stack cannot be a bitcoin treasury unless we buy bitcoin.”\n\nStack BTC is an Aquis-listed company based in the UK that builds up bitcoin reserves for shareholders. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFarage’s crypto linksFarage became a stakeholder in the crypto company through his investment totalling £215,000. He is also a keen supporter of blockchain technology, urging the Bank of England to ease regulation on the industry. Some of Reform UK’s donors are also large investors in crypto businesses. The Thai-based Christopher Harborne, who has given over £12m to Reform UK, holds shares in stablecoin firm Tether. The billionaire Ben Delo, who has given £4m and was pardoned by President Trump last year following a conviction under the Banking Secrecy Act in the US, is the co-founder of BitMEX. Stack BTC now holds 68 bitcoins, which is worth around £3.6m altogether. \n\nThe price of bitcoin against the US dollar has tumbled over the last year, falling by nearly 19 per cent in the last year.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2627545912","isCrawlerRequest":true}