- Eric Trump joins Metaplanet Inc’s Strategic Board of Advisors on March 21.
- The firm has decided to do this, citing Eric’s global recognition and contributions.
- Metaplanet aims to strengthen its global leadership position by appointing Eric Trump.
Metaplanet, traded on the Tokyo Stack Exchange, is Japan’s first and only publicly listed Bitcoin Treasury Company. The firm pivoted to a crypto-focused strategy in 2024, leveraging Bitcoin as its principal treasury reserve asset. This Bitcoin-stacking firm has now announced the formation of its Strategic Board of Advisors and has appointed US President Donald Trump’s son, Eric Trump. It is alleged that this move is aimed at strengthening the company’s position as a global leader in the Bitcoin economy and driving more Bitcoin adoption.
“His business acumen, 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,” said Siman Gerovich, the Representative Director of Metaplanet, appreciating Eric Trump’s contributions to the crypto community. As stated in the issued announcement, this move to establish a Board of Advisors will also comprise influential voices, speakers, and thought leaders from all around the world.
Metaplanet currently holds 3,200 Bitcoin, worth approximately $270.96 million, which makes it one of the top corporate Bitcoin holders in the crypto space. Additionally, this news about Eric Trump’s appointment has majorly gained positive reactions from the crypto community, as many see it as a strategic move.
Related: Metaplanet Raises ¥2B in Bonds to Expand Bitcoin Holdings
Corporate & Government Dominance in Bitcoin Accumulation
Ever since Bitcoin was created in 2009, it has grown to become more than just a digital coin. Institutions and now even governments view it as a long-term investment and a hedge against fiat currency risk. To be precise, there are about 170 entities currently holding thousands of Bitcoins as their treasury reserve assets. This shows a massive growth in the institutional adoption of Bitcoin.
Beyond corporate companies, some governments have also initiated strategic accumulation of Bitcoin. The United States, under the administration of Donald Trump, has embraced a pro-crypto stance by signing an executive order to officially establish a Strategic Bitcoin Reserve. Similarly, the El Salvador government has an explicit goal of fully integrating Bitcoin into its economy, making it legal tender.
This pathway is now followed by many other nations that are taking Bitcoin seriously and integrating it into their national financial systems. Finally, the appointment of Eric Trump as one of the Broad of Advisors in Metaplanet highlights the intersection of business leadership with financial technologies, which could possibly attract more investor attention.
