Search results for Reform UK
Crypto
UK-listed Stack BTC seeks to buy precious metals seller Direct Bullion to fund bitcoin purchases
UK-listed Stack BTC is pursuing the acquisition of precious metals seller Direct Bullion to secure funds for additional bitcoin purchases. The company disclosed a non-binding proposal valued at up to 12 million pounds, combining cash, shares and performance-linked payments. Stack BTC said it plans to use operating cash flow to expand its bitcoin holdings and views gold as a physical asset similar to bitcoin. The deal would be a related-party transaction and a reverse takeover.
Crypto
Record donation: Crypto figures give 72 million pounds to UK\'s rightwing party Reform UK
Reform UK, described as a rightwing populist party, has secured political donations totalling 72 million pounds from two crypto industry billionaires, an unprecedented sum in British party funding history. BitMEX co-founder Ben Delo and investor Christopher Harborne each pledged 36 million pounds. The donations come as Nigel Farage faces a parliamentary probe over an undeclared gift and police examine allegations of foreign funding. The government is also moving to tighten donation rules.
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.
