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Bitcoin firm advertised by Nigel Farage loses 15% of asset value
Why this matters: a developing story that could shape the day's news cycle.
Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plunge. A bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC. A bitcoin treasury buys the cryptocurrency on behalf of its shareholders, and Stack aims to purchase other companies with the increase in value it gets from holding bitcoin. Continue reading...
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