Japanese Bitcoin-Stacking Firm Metaplanet Appoints Eric Trump To Strategic Advisory Board
Tokyo-listed Metaplanet has appointed Eric Trump, son of President Donald Trump, to its newly established Strategic Advisory Board as the investment firm continues to bolster Bitcoin (BTC) adoption.
Eric Trump Joins Metaplanets New Strategic Board Of Advisors
Metaplanet has formed a strategic board of advisers with Eric Trump as one of the appointees.
His business acumen, love of the Bitcoin community, and global hospitality perspective will be invaluable in accelerating Metaplanets vision of becoming one of the worlds leading Bitcoin Treasury Companies, said Metaplanet CEO Simon Gerovich in a statement on Thursday.
Metaplanet expects Eric to bring his wealth of experience in real estate, finance, and brand development to the firms drive in Bitcoin adoption, as it now ranks as the 10th biggest corporate holder of the worlds largest crypto, according to Bitcoin Treasuries data. Metaplanet has a Bitcoin stockpile of 3,200 BTC as of Friday, worth roughly $267.7 million.
This appointment marks a significant step in Metaplanets continued mission to drive Bitcoin adoption and strengthen its position as a global leader in the Bitcoin economy, the company said.
Eric has emerged as a recognized figure in the cryptosphere in recent months mainly due to his ties to World Liberty Financial, a Trump family-backed decentralized finance platform launched in September 2024. He also recently disclosed that his personal crypto stash includes Bitcoin, Solana, Ether, and Sui.
Metaplanet Eyes Boosting Bitcoin Stash To 21,000 BTC By 2026
Metaplanet has been adopting a variety of financial instruments to expand its Bitcoin reserve since it first plunged into the flagship crypto back in April 2024. The company now controls roughly 0.015% of Bitcoins fixed supply establishing it as a standout Bitcoin treasury operator in Asia.
The Japan-based investment firm set a target of accumulating at least 10,000 Bitcoin before the end of 2025 and 21,000 BTC by 2026, with Asias largest-ever equity capital raise for Bitcoin already underway.
Metaplanets Bitcoin strategy serves as a hedge against Japans economic challenges, including currency devaluation and skyrocketing national debt.
Text source: ZyCrypto
