According to CoinDesk, Tokyo-based Metaplanet has announced the formation of a strategic board of advisors, with Eric Trump being one of the initial appointees. This move is part of the company's ongoing efforts to enhance bitcoin (BTC) adoption. In a press release issued on Friday, Simon Gerovich, Representative Director of Metaplanet Inc, expressed enthusiasm about Eric Trump's appointment, highlighting his business expertise and commitment to the Bitcoin community. Gerovich noted that Trump's global hospitality perspective would be instrumental in advancing Metaplanet's ambition to become a leading Bitcoin Treasury Company.
The newly formed board is expected to include influential figures, speakers, and thought leaders, although specific details have not been disclosed by Metaplanet. Eric Trump, son of U.S. President Donald Trump, has gained prominence in recent months, particularly following his involvement with World Liberty Financial, a crypto venture initiated by the Trump family in September 2024. Since then, he has been an advocate for investing in bitcoin and ether (ETH), sharing his support on social media platform X.
As of Friday, Metaplanet holds over 3,200 BTC, following their latest acquisition on March 18, when they purchased an additional 150 BTC for approximately 1.8 billion yen, equivalent to around $12.5 million at that time. This strategic move underscores Metaplanet's commitment to strengthening its position in the cryptocurrency market and leveraging the expertise of its newly appointed advisors to drive further growth and adoption of bitcoin.