2025-03-21
On March 21, 2025, Metaplanet, a public company in Japan that invests heavily in Bitcoin, appointed Eric Trump — son of U.S. President Donald Trump — as the first member of its new Strategic Board of Advisors. The announcement was made on X.
Metaplanet Inc. on X: "*Metaplanet Appoints Eric Trump to Strategic Board of Advisors
This is a part of Metaplanet’s effort to lead in Bitcoin adoption and become a
major player in the global Bitcoin economy.
The board will include global experts
and voices focused on growing Bitcoin and shaping the future of finance.
The company sees Eric Trump as a
valuable addition because of his background in real estate, finance, and
branding.
Metaplanet CEO Simon Gerovich said
Trump’s business knowledge and support for the Bitcoin community will help
drive the company’s mission forward.
Metaplanet’s stock rose 17.8% to 4,730 yen ($31.74) on the day of the
announcement.
The company recently bought 150 more
Bitcoin for $12.5 million, bringing its total to 3,200 BTC, worth about $266
million.
It also raised 2 billion yen (around $13.3 million) through bonds to support its Bitcoin strategy.
Metaplanet aims to hold 10,000 BTC by
the end of 2025 and 21,000 BTC by the end of 2026. It began this strategy in
April 2024 and has picked up the pace in 2025, acquiring 1,288 BTC in the first
11 weeks of the year.
Eric Trump has also been active in the crypto space. He’s been involved with
the Trump family’s World Liberty Financial crypto platform, which raised $550
million and holds about $80.8 million in crypto assets. Eric personally owns
Bitcoin, Ethereum, Solana, and Sui.
