Key Points
- Eric Trump has joined Metaplanet’s strategic board of advisors to help further Bitcoin adoption.
- Metaplanet continues to purchase Bitcoin and plans to become a global leader in the Bitcoin economy.
Eric Trump, the former US President Donald Trump’s son, has become a member of the strategic board of advisors for the Bitcoin stacking firm Metaplanet. His role will be to collaborate with other executives at Metaplanet to promote further Bitcoin adoption and establish the company as a “global leader in the Bitcoin economy”.
Eric Trump’s Role at Metaplanet
Metaplanet has acknowledged that Eric Trump brings a wealth of knowledge in fields such as real estate, finance, brand development, and strategic business growth. He has also been a prominent figure in Donald Trump’s DeFi project World Liberty Financial while advocating for the global adoption of digital assets. Simon Gerovich, Representative Director of Metaplanet, expressed his excitement about this development.
The Japanese firm Metaplanet is continuing with its Bitcoin acquisition strategy, having purchased an additional 150 BTC earlier this week. This takes its total BTC holdings to 3,200.
Metaplanet’s Bitcoin Acquisition Strategy
The firm has now entered the ranks of the world’s top ten largest Bitcoin holders and is officially Asia’s largest public-listed Bitcoin holder. Despite the extreme volatility in the Bitcoin price since the beginning of the year, Metaplanet has managed to achieve a massive BTC Yield of 60.8% since the start of 2025.
To further its Bitcoin acquisition strategy, Metaplanet issued its 7th Series of Ordinary Bonds last month. The firm plans to use the 2 billion JPY raised, approximately $13.6 million, for additional Bitcoin purchases.
Following this news, the Metaplanet stock price increased by 17.8% to reach 4,730 Japanese yen ($31.74) within the first 80 minutes of trading on March 21. Currently, the stock is trading 700 points up at 4,730 JPY levels, while eyeing a move to the all-time high levels of 6,650 JPY.
With over 2,150% gains on the yearly chart, the firm has generated immense wealth for its shareholders by adopting MicroStrategy’s Bitcoin acquisition strategy. Metaplanet aims to buy 10,000 BTC in its Treasury by the end of 2026.