Nigel Farage (나이젤 패라지), a British member of parliament and leader of Reform UK, disclosed a $2.5 million purchase of bitcoin (BTC).

On April 13 local time, blockchain media outlet BeInCrypto reported that the transaction was conducted through London-listed bitcoin treasury firm Stack BTC Plc, marking the first case of a sitting British lawmaker publicly buying bitcoin.

The trade took place at Blockchain.com headquarters in London. Farage is a major shareholder in Stack BTC, and the company used part of funds it recently raised totaling more than 4.2 million pounds for the purchase. Stack BTC says it acquires profitable UK companies and converts surplus capital into bitcoin to hold as a long-term financial asset.

The purchase increased Stack BTC's bitcoin holdings to 68.19 BTC from 21 BTC. The company called it a "significant milestone". Farage stressed that a company positioning itself as a bitcoin treasury strategy firm must keep accumulating assets to maintain trust.

Attention has also focused on a company linked to political figures putting its bitcoin holding strategy at the forefront. Former UK finance minister Kwasi Kwarteng (콰지 콰텡), chairman of Stack BTC, publicly set out a goal of placing London at the centre of a new era of currency. He said the company's aim was to build Britain's top bitcoin treasury strategy firm.

The market is viewing the transaction as highly symbolic. With bitcoin prices recently weakening, the move is being read as a strategy to increase holdings during a downturn rather than chase a price surge. The outlet said the move aligns with a global corporate trend of incorporating bitcoin as a long-term balance-sheet asset.

Potential conflict-of-interest controversy remains. Because Farage holds a stake in the company that executed the trade, views could differ as political influence and investment interests overlap. It remains uncertain whether the case will lead to broader bitcoin adoption among UK companies, but there is speculation it could help bring greater public discussion of bitcoin exposure for politicians, institutional investors and individual investors.

Farage has repeatedly said Britain should be developed into a global crypto hub. Reform UK, which he leads, has already started accepting crypto donations and has pursued digital asset-friendly policies. The public purchase could add pressure on UK regulators and rival parties to clarify their stance on cryptocurrencies.