Stack BTC CEO Steps Down as Farage-Linked Bitcoin Venture Reshuffles Leadership

Blockchain ekosistemine dair önemli bir haber gündeme geldi. Stack BTC CEO Steps Down as Farage-Linked Bitcoin Venture Reshuffles Leadership Price data by News Business Stack BTC CEO Steps Down as Farage-Linked Bitcoin Venture Reshuffles Leadership Reform UK leader Nigel Farage announced his backing of the company following its relaunch under the Stack BTC name in March. By Callan Quinn Edited by Stephen Graves Apr 16, 2026 Apr 16, 2026 4 min read Nigel Farage. Source: /Shutterstock Create an account to save your articles.

Add on Google Add as your preferred source to see more of our stories on Google. In brief Stack BTC CEO Jai Patel has exited the Bitcoin treasury firm’s board, with David Galan taking over as chief executive. Reform UK leader Nigel Farage has invested around $291,000 in the firm.

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The Liberal Democrats have called for an FCA inquiry into Farage’s promotion of Stack BTC. Stack BTC has replaced its chief executive after completing a shift in strategy, marking a fresh attempt to stabilise the UK Bitcoin -focused investment vehicle and bolster investor confidence. The company said on Wednesday that Jai Patel, who founded the business in its earlier form, had stepped down from the board with immediate effect.

Announcing the change in a tweet , the firm said that incoming chief executive David Galan brings a mix of dealmaking, financial and operational experience suited to its approach. Stack BTC is pleased to announce the appointment of David Galan as Chief Executive Officer. David brings a rare combination of skills that maps directly onto what Stack BTC's dual-engine model demands.

Chartered accountancy training at Arthur Andersen. Investment banking… pic. com/gsQwjz870b “Stack BTC isn't a fund.

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It isn't a single-thesis bet. It acquires cash-generative operating businesses and uses that engine to accumulate Bitcoin,” it said. "Executing that model at scale requires someone who understands the numbers, can close deals, and can manage institutional capital relationships, all at once.

” The company holds just over 68 BTC, valued at $4. 76 million in current market prices. It reported an average entry price of about $70,000 per Bitcoin and said the position is up 2.

The leadership switch comes as cryptocurrency businesses become increasingly entangled with UK political figures, with Reform UK leader Nigel Farage among the most prominent political advocates of the sector. He announced his backing of the company in early March.

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