Farage-Backed Stack BTC Buys Gold Specialist Direct Bullion in £12M Deal

Stack BTC, a UK-based Bitcoin treasury firm listed on Aquis, has agreed to acquire gold specialist Direct Bullion for £12 million. The deal will expand Stack BTC's digital asset reserve and signal increased institutional adoption of crypto-backed strategies.

The acquisition will diversify the treasuries of Stack BTC, which lists Nigel Farage as a shareholder, by adding a new class of assets to its portfolio. This move is part of the firm's strategy to strengthen its balance sheet and fundraising profile.