Metaplanet, a Bitcoin treasury firm listed in Tokyo, has welcomed Eric Trump, son of former US President Donald Trump, to its newly established Strategic Board of Advisors.
The company revealed Trump’s appointment on March 21, marking him as the inaugural member of the advisory board, which seeks to gather influential figures dedicated to promoting financial innovation and the adoption of Bitcoin.
According to Metaplanet, this decision underscores its commitment to assembling a premier advisory group. Trump, with his diverse industry experience, has increasingly advocated for Bitcoin and digital assets.
Metaplanet characterized him as a strong proponent of Bitcoin adoption and a significant asset to its strategic initiatives. The firm commented:
“Eric Trump offers extensive experience in real estate, finance, brand development, and strategic business expansion, making him a prominent advocate for digital asset adoption on a global scale.”
Simon Gerovich, the Director of Metaplanet, expressed enthusiasm regarding the appointment. He remarked that Trump’s worldwide business perspective and involvement with the Bitcoin community will contribute to accelerating the company’s ambition to become a leading BTC treasury firm.
As per Google Finance, the announcement generated investor interest, resulting in a more than 17% surge in Metaplanet’s stock, elevating it to ¥4,730.
Strategic Appointment
Eric Trump’s joining the board signifies a purposeful move in Metaplanet’s strategy for international expansion.
Following its shares listing on the OTCQX in December, the company has been focusing on increasing its global presence and drawing U.S. investors.
With this in mind, having Trump’s son on Metaplanet’s board could enhance the firm’s attractiveness to American investors, especially as it positions itself as a compelling alternative to Michael Saylor’s Strategy (formerly MicroStrategy).
Eric Trump has been more publicly engaged in the crypto sector, being associated with World Liberty Financial, a family-supported digital asset venture. Earlier this month, he voiced his approval of his father’s pro-crypto policies and expressed support for Bitcoin and Ethereum on the social media platform X.
