Farage-backed treasury firm Stack BTC plans expansion with $16M talks for Direct Bullion

The Aquis-listed Bitcoin treasury firm Stack BTC, which lists Nigel Farage among its shareholders, has entered a £12 million arrangement to buy Direct Bullion, a company known for its gold business.

The deal, which is being framed as a way to expand the Frage-backed firm’s digital asset reserve, is being closed with a company with Stack BTC’s own chief strategy officer on its board.

That kind of arrangement counts as a reverse takeover on London’s challenger exchange.

Stack BTC buys gold dealer to build digital asset reserve

Stack BTC beat its own drum by describing its acquisition of DB London Ltd, which trades as Direct Bullion, as a move unlike any other BTC treasury firm.

The distinction the disclosure specifically noted was that, instead of issuing and selling shares to fund BTC purchases, Stack BTC will use the profits from acquired businesses to fund its strategy, which will lift its Bitcoin per share metric.

Direct Bullion reported audited revenue of £52.1 million and post-tax profit of £2.15 million for the year ended January 31, 2026, on its gold coins and bars business.

… Continue reading the full article at the original source below.