23rd Mar 2026 08:43
Stack BTC PLC - London-based investment company aiming to build "portfolio of high-quality, cash-generative businesses", alongside a bitcoin treasury - Raises GBP94,700 gross from a retail share offer via the Winterflood retail access platform, issuing 947,000 new shares at 10 pence each. The take-up of the retail offer was less than half the GBP250,000 target that Stack set in its announcement of the offer last week. The retail offer followed a GBP1.9 million share placing at the same price that included as a new strategic investor Nigel Farage, the leader of political party Reform UK. Stack BTC is led by Kwasi Kwarteng as executive chair. Kwarteng was chancellor of the exchequer in the short-lived UK government of Liz Truss in 2022.
Current stock price: 9.63 pence on Aquis Stock Exchange in London.
12-month change: down 27%
By Martin Miraglia, Alliance News reporter
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