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CryptoMediumUpdated•Originally published 14 April 2026•Updated 14 April 2026•

1 min read

Nigel Farage Becomes First UK MP to Invest $2.7 Million in Bitcoin

Golden Bitcoin coins and wallets in front of the US Capitol building and American flag, with an upward trend graph.

Key Facts

1Nigel Farage became the first sitting UK MP to publicly purchase Bitcoin, totaling £2 million ($2.7 million).

about 2 months ago

Version History

2 additional sources confirmed this story

Version 1about 2 months ago

What changed: Updated to include a $5 million donation from a BitMEX co-founder to Nigel Farage’s party and his support for a moratorium on crypto-based political donations.

Nigel Farage, leader of Reform UK and a sitting MP, has disclosed a $2.7 million investment in Bitcoin via Stack BTC Plc, marking a first for a current UK lawmaker. In a significant expansion of this crypto-political narrative, the co-founder of BitMEX has donated $5 million to Farage’s Reform UK party. Paradoxically, the donor expressed support for a proposed UK government moratorium on political donations made directly in crypto-assets. This high-profile financial backing arrives as British regulators intensify their scrutiny of digital asset flows within political financing. Analysts suggest that while Farage’s personal stake provides 'social proof' for Bitcoin, the substantial donation highlights the growing influence of industry figures in UK politics. The move underscores a complex intersection between private investment, political funding, and evolving regulatory frameworks in the digital age.