Metaplanet Adds Eric Trump to Bitcoin Strategy Board Amid Crypto Expansion

Metaplanet, a publicly listed Japanese company known for its bold Bitcoin investments, has made a headline-grabbing move. The company has appointed Eric Trump, son of U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President to its newly created Strategic Board of Advisors. The announcement, made in a post on X, signals Metaplanet’s growing ambition in the Bitcoin space.

With big plans and even bigger Bitcoin goals, the company is making waves. Here’s a closer look at what’s happening.

Influential Voices, Top Experts

This move is part of Metaplanet’s goal to lead Bitcoin adoption and expand its influence in the financial world. The newly formed advisory board will bring together key experts and industry leaders, all working to advance Bitcoin’s future.

Eric Trump has built a strong reputation in real estate, finance, and brand development. Metaplanet believes his expertise, along with his support for digital assets, will bring valuable insights as the company continues expanding its Bitcoin strategy.

“We are honored to welcome Eric Trump as the first member of our Strategic Board of Advisors and look forward to welcoming him to our annual meeting,” said Simon Gerovich, Representative Director of Metaplanet Inc. “His business acumen, love of the Bitcoin community and global hospitality perspective will be invaluable in accelerating Metaplanet’s vision of becoming one of the world’s leading Bitcoin Treasury Companies.”

Following the news, Metaplanet’s stock rose more than 17 percent and is currently trading at 4,730 JPY. This increase reflects investor confidence in the company’s direction and its ability to attract high-profile advisors.

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Metaplanet Expands Its Bitcoin Holdings

Metaplanet has been aggressively increasing its Bitcoin reserves. It recently purchased 150 additional Bitcoin (BTC) for around 12.5 million dollars, bringing its total holdings to 3,200 BTC, with a total investment of approximately 266.2 million dollars.

To support its Bitcoin strategy, Metaplanet also raised 2 billion yen, or about 13.3 million dollars, through a bond issuance. The company has set ambitious targets, aiming to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026.

CEO Simon Gerovich stated that Metaplanet has been fully committed to its Bitcoin investment strategy since April 2024, positioning itself as a major player in the digital asset market.

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