Nikolas Sargeant
Tokyo-based Bitcoin accumulation firm Metaplanet has announced the formation of a new Strategic Board of Advisors, with Eric Trump named as its inaugural member.
The second son of US President Donald Trump brings significant credentials to the role, having established himself as a vocal cryptocurrency advocate who recently cautioned Wall Street about the existential risks of failing to adapt to digital assets.
According to Friday's announcement, Trump's appointment is strategically aligned with Metaplanet's mission to accelerate Bitcoin adoption. The company highlighted his extensive background, stating, "As a globally recognized business leader and entrepreneur, Eric Trump brings a wealth of experience in real estate, finance, brand development, and strategic business growth and has become a leading voice and advocate of digital asset adoption worldwide."
Strategic Advisory Board to Advance Bitcoin Strategy
The newly formed advisory committee will eventually include additional "influential voices, speakers and thought leaders" from across the industry, according to company statements. This initiative reflects Metaplanet's commitment to establishing itself as a significant player in the Bitcoin ecosystem.
Simon Gerovich, Representative Director of Metaplanet Inc, expressed enthusiasm about the appointment: "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."
Often referred to as "Asia's MicroStrategy," Metaplanet currently holds the position of 12th largest corporate Bitcoin holder according to Bitcoin Treasuries by Bitbo. The company's holdings now stand at 3,200 Bitcoins valued at approximately $271 million, following a recent acquisition of 150 BTC on Tuesday. Metaplanet has established ambitious targets to accumulate 10,000 BTC by the end of 2025 and 21,000 BTC by 2026.
Building Leadership in the Bitcoin Economy
Metaplanet anticipates that establishing this Strategic Board of Advisors will not only accelerate its Bitcoin adoption strategy but also "strengthen its position as a global leader in the Bitcoin economy." The company has expressed its intention to continue recruiting "top-tier advisory talent" to the committee.
"As Metaplanet continues to expand its Bitcoin treasury and develop innovative financial products, the Company remains committed to, and focused on, delivering long-term value to its shareholders," the announcement concluded.
