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Crypto
Reform UK leader Farage discloses $2.5 million bitcoin purchase
Nigel Farage, a British lawmaker and leader of Reform UK, disclosed a $2.5 million bitcoin purchase. The transaction was carried out through London-listed bitcoin treasury firm Stack BTC Plc and was described as the first case of a sitting British member of parliament publicly buying bitcoin. Stack BTC said its holdings rose to 68.19 BTC from 21 BTC. The firm says it converts surplus capital into bitcoin after acquiring profitable UK businesses.
Crypto
Reform UK leader Nigel Farage makes strategic investment in bitcoin firm Stack BTC
Nigel Farage (나이절 패라지), leader of Britain\'s Reform UK, has made a strategic investment in bitcoin firm Stack BTC, The Block reported on March 9. Stack BTC completed a share funding round worth 260,000 pounds ($347,000), with Farage and Blockchain.com participating as investors. Farage secured a 6.3 percent stake through his investment company. Stack BTC said it will use the funds to accumulate bitcoin and buy profitable businesses.
Crypto
Changpeng Zhao says he sold $900,000 apartment in 2014 to go all in on bitcoin
Binance founder Changpeng Zhao said he sold a Shanghai apartment for $900,000 in 2014 and invested in bitcoin. He first encountered bitcoin in 2013 and spent six months studying its white paper and engaging with the crypto community. He began buying as prices fell to the $400 range, with an average purchase price of $600, and kept buying as the market dropped further. He later joined Blockchain.com and founded Binance in 2017.