Farage-backed Stack BTC agrees £12M reverse takeover of Direct Bullion

What happened

Stack BTC, a Bitcoin treasury company listed on the Aquis exchange and backed by Nigel Farage, has agreed to a £12 million reverse takeover of Direct Bullion, a gold-focused firm, to expand its digital asset reserve.

Confirmed

Global impact / market context

This deal blends gold and Bitcoin, two different stores of value. It could signal that companies want to hold both types of assets as protection against economic uncertainty, potentially influencing how other firms manage their own reserves.

Analyst inference

The move suggests growing crossover between traditional precious metals and digital currencies in corporate treasuries. If successful, it might encourage similar mergers, making Bitcoin more mainstream while giving gold dealers exposure to crypto markets and new investors.

Analyst inference

What to watch

1. Investors should watch for final regulatory or shareholder approvals, since the reverse takeover has been agreed but not yet formally completed, which could still change the outcome. Confirmed
2. Watch whether Stack BTC begins holding both gold and Bitcoin together, and if management explains how these assets will be balanced to manage risk and support long-term value. Proposed
3. Observe if other digital asset firms pursue similar deals with precious metals companies, which would validate this strategy and potentially increase competition in the combined gold-and-crypto sector. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• cryptopolitan.com