BUSINESSTHE GUARDIAN WORLD
Bitcoin firm advertised by Nigel Farage loses 15% of asset value
A Bitcoin company advertised by Nigel Farage, Stack BTC, lost over 15% of its asset value, leading finance experts to caution against investing in Bitcoin treasury firms. Farage invested £215,000 in Stack BTC, which purchases Bitcoin for shareholders and aims to acquire other companies using gains from Bitcoin holdings.
Related Signal
Adjacent reporting
- Bitcoin firm advertised by Nigel Farage loses 15% of asset value
- Solana treasury firm Upexi posts $109 million quarterly net loss amid crypto markdowns
- Before SpaceX IPO, Investors in China Secretly Acquired Stakes
- Capital B boosts Bitcoin reserves with $15.2M purchase
- Hyperliquid Strategies posts $165 million net loss for nine months ended March 31 as HYPE treasury grows
- French BTC treasury firm Capital B raises $18 million from Adam Back, others