Metaplanet Appoints Eric Trump to Strategic Advisory Board
Metaplanet, a Tokyo-listed firm focused on expanding its Bitcoin holdings, has appointed Eric Trump to its Strategic Board of Advisors.
This decision was shared by CEO Simon Gerovich, who highlighted Trump’s expertise in real estate, finance, and business development as valuable assets in the company’s mission to grow its Bitcoin treasury.
The company, which announced its ambitious Bitcoin accumulation strategy last year, aims to reach a total of 10,000 BTC by the end of 2025. With its most recent purchase of 150 BTC, Metaplanet currently holds 3,200 BTC, positioning it among the top 10 corporate Bitcoin holders globally. This places them far behind Michael Saylor’s firm, which leads the pack with nearly half a million BTC.
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Eric Trump’s involvement with Metaplanet aligns with his growing influence in the digital asset space, particularly as an ambassador for World Liberty Financial, a crypto project his family supports.
While his role with Metaplanet strengthens the company’s ties to global markets, it also raises concerns regarding potential conflicts of interest, given his family’s deep connections to U.S. business and policy, especially in cryptocurrency regulation.
The announcement coincided with a slight uptick in Metaplanet’s stock, reflecting investor optimism about the company’s strategic direction. However, questions linger about the broader implications of Eric Trump’s appointment, especially in the context of his family’s influence over U.S. economic policy.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
