Metaplanet Appoints Eric Trump to Strategic Board, Boosts Bitcoin Holdings by 150 BTC

Generated by AI AgentCoin World
Thursday, Mar 20, 2025 10:13 pm ET1min read

Metaplanet, a publicly listed Japanese company renowned for its substantial Bitcoin investments, has announced the appointment of Eric Trump, son of former U.S. President Donald Trump, to its newly established Strategic Board of Advisors. This strategic move is part of Metaplanet's broader initiative to spearhead Bitcoin adoption and solidify its standing in the global Bitcoin economy. The board will comprise influential figures and experts from around the world, all dedicated to advancing Bitcoin and shaping the future of finance.

Eric Trump, known for his achievements in real estate, finance, and brand development, is seen as a strong advocate for digital assets. His appointment is expected to bring valuable experience and insights to the team. Simon Gerovich, Representative Director of Metaplanet Inc., expressed enthusiasm about the appointment, stating, “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. His business acumenABOS--, 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.”

This appointment underscores Metaplanet’s dedication to attracting top talent to achieve its ambitious goals. As the company continues to grow its Bitcoin treasury and develop new financial products, it remains focused on creating long-term value for its shareholders. Recently, Metaplanet expanded its crypto portfolio by acquiring an additional 150 Bitcoin for approximately $12.5 million. This latest purchase brings Metaplanet’s total Bitcoin holdings to 3,200 BTC, with a total investment of about $266.2 million.

To support its Bitcoin strategy, Metaplanet successfully raised 2 billion yen (about $13.3 million) through a bond issuance. This funding is part of the firm’s goal to reach 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. CEO Simon Gerovich shared that the firm has been aggressively pursuing its Bitcoin investment strategy since April 2024. This strategic push, combined with the appointment of Eric Trump, positions Metaplanet as a key player in the global Bitcoin landscape, poised to drive significant advancements in the digital asset space.

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