Eric Trump Appointed to Metaplanet’s Strategic Advisory Board
Metaplanet, a prominent Bitcoin-focused investment firm, has appointed Eric Trump, son of former U.S. President Donald Trump, to its newly formed strategic advisory board. The appointment aims to strengthen Metaplanet’s position as a global leader in the Bitcoin economy.
Strategic Move to Boost Bitcoin Adoption
Metaplanet CEO Simon Gerovich highlighted Eric Trump’s extensive business experience and advocacy for digital assets as key factors behind the appointment. Gerovich stated:
“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.”
The strategic advisory board aims to gather influential global voices committed to promoting Bitcoin adoption worldwide.
Market Reaction and Metaplanet’s Bitcoin Holdings
Following the announcement, Metaplanet shares rose by 17.8% to 4,730 Japanese yen ($31.74) within the first 80 minutes of trading on the Tokyo Stock Exchange.
Currently, Metaplanet holds 3,050 Bitcoin (BTC), valued at approximately $4.1 billion, making it the 12th largest corporate Bitcoin holder globally. The firm has set an ambitious goal to accumulate at least 10,000 Bitcoin by the end of 2025.
Eric Trump’s Crypto Involvement
Eric Trump has been actively involved in cryptocurrency initiatives, notably contributing to the Trump family’s World Liberty Financial crypto platform. The platform recently completed its second token sale, raising total funding to $550 million, and currently holds crypto assets worth $80.8 million.
Eric Trump has publicly disclosed his personal crypto holdings, which include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Solana (SOL)
- Sui (SUI)
Key Points:
- Eric Trump appointed to Metaplanet’s strategic advisory board.
- Appointment aims to enhance Metaplanet’s global Bitcoin leadership.
- Metaplanet shares surged nearly 18% following the announcement.
- Metaplanet currently holds 3,050 BTC, targeting 10,000 BTC by end of 2025.
- Eric Trump actively involved in crypto through World Liberty Financial.
This strategic appointment underscores Metaplanet’s commitment to expanding its influence and accelerating global Bitcoin adoption.
