In a significant move aimed at bolstering its position in the cryptocurrency arena, Tokyo-based Metaplanet has announced the formation of a Strategic Board of Advisors, with Eric Trump appointed as its inaugural member. This bold step comes as the company intensifies its efforts to drive the adoption of Bitcoin (BTC), as highlighted in a recent press release disseminated on Friday.
Simon Gerovich, the Representative Director of Metaplanet Inc., expressed enthusiasm about welcoming Trump to the board. He stated, “We are honored to welcome Eric Trump as the first member of our Strategic Board of Advisors and look forward to welcoming him to our annual meeting.” Gerovich emphasized that Trump’s extensive business background, passion for the Bitcoin community, and global hospitality insights would play a crucial role in advancing Metaplanet’s ambition of establishing itself as a leading Bitcoin Treasury Company.
The newly established board is expected to feature a diverse array of influential voices, thought leaders, and speakers from various domains, though the specifics regarding the remaining members remain undisclosed.
Eric Trump, the son of former President Donald Trump, has gained prominence in the cryptocurrency space, particularly following his association with World Liberty Financial—a cryptocurrency venture launched by the Trump family in September 2024. In recent months, he has publicly endorsed investments in Bitcoin and Ether (ETH) on the social media platform X, further solidifying his role as a notable advocate within the crypto community.
As a testament to its rising influence in the Bitcoin market, Metaplanet currently holds an impressive portfolio of over 3,200 BTC. This figure reflects the company’s commitment to Bitcoin, particularly following their latest acquisition on March 18, when they added 150 BTC for an estimated 1.8 billion yen (approximately $12.5 million at that time).
As Metaplanet embarks on this new chapter with Eric Trump on board, the cryptocurrency space will be watching closely to see how this strategic alliance influences the future of Bitcoin adoption.