- Metaplanet has added Eric Trump to its advisory board to support its growing Bitcoin investment strategy.
- The company plans to reach 10000 BTC by 2025 and recently increased its holdings to 3200 BTC.
- Metaplanet shares rose after the announcement reflecting investor interest in its Bitcoin-focused direction.
Metaplanet, a Tokyo-listed firm known for its aggressive Bitcoin accumulation, has added Eric Trump to its newly formed Strategic Board of Advisors. The announcement was made as part of the company’s effort to advance its Bitcoin-focused strategy and strengthen global influence.
Eric Trump, the second son of U.S. President Donald Trump, will serve as the first member of this advisory board. His background in real estate, finance, and branding is expected to support Metaplanet’s long-term digital asset goals.
Board formation aligns with Bitcoin growth plan
The company said the board would include global business leaders and Bitcoin advocates. This move aims to align expert voices with its digital asset strategy. Metaplanet continues to position itself as a major corporate player in the Bitcoin economy.
The company recently expanded its Bitcoin reserves with a 150 BTC purchase which occurred on Tuesday. Metaplanet moved to a total Bitcoin holdings of 3,200 after making this new investment. Metaplanet plans to accumulate 10,000 BTC before this year concludes. The established target positions Metaplanet among the leading organizations globally that hold Bitcoin reserves.
Stock reacts positively to the announcement
Following the announcement, Metaplanet’s stock rose sharply. It climbed 17% to JPY 4,730.00 in Japan’s markets. The company has been compared to U.S.-based MicroStrategy due to its strong focus on Bitcoin holdings. Analysts view the formation of an advisory board as part of Metaplanet’s broader strategy to increase its corporate value and visibility.
Appointment sparks wider scrutiny
Eric Trump’s appointment has raised questions due to his ties with the Trump Organization and involvement in other crypto ventures. He also serves as an ambassador for World Liberty Financial, a project linked to several Trump family members. The project claims no formal ownership or control by the family.
Observers are watching for potential conflicts of interest. Trump’s business background intersects with areas potentially affected by U.S. crypto regulations. His role could attract more global attention to Metaplanet’s expanding digital asset position.
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