UK Bitcoin-focused investment vehicle, Stack BTC, has replaced its CEO, Jai Patel, as part of a shift in strategy to stabilise the company and increase investor confidence. The company, which was founded by Nigel Farage, announced that incoming CEO David Galan will bring a combination of dealmaking, financial and operational experience suited to its approach. The change comes as the company becomes increasingly intertwined with UK political figures, including Reform UK leader Nigel Farage and former Conservative chancellor Kwasi Kwarteng. Since relaunching in March, Stack has sought to present itself as a more focused vehicle and use profitable operating businesses to build a growing Bitcoin reserve. The firm holds just over 68 BTC, valued at $4.76 million.