Japan-based publicly traded technology company Metaplanet, known for its regular Bitcoin (BTC) investments, announced the establishment of a Strategic Advisory Board. The company included Eric Trump, the son of the 47th President of the United States, Donald Trump, as the first member. Following the announcement, Metaplanet's shares rose by 13.52% on the Tokyo Stock Exchange. Eric Trump's role will be to strengthen the company's vision for Bitcoin and financial innovation on a global scale.
Details of Eric Trump's Role at Metaplanet
Eric Trump became the first member of Metaplanet's Strategic Advisory Board. According to the company’s announcement, the board will consist of influential figures in the field of Bitcoin and financial innovations on a global scale. The goal is to increase Bitcoin adoption and expand Metaplanet's range of financial products. Eric Trump is known for his experience in real estate, finance, brand development, and strategic growth. He is also an active figure in global cryptocurrency adaptation, making him a key person expected to have a significant impact on the board.
Metaplanet CEO Simon Gerovich stated, "We are thrilled to have Eric Trump join our advisory board. His commitment to the Bitcoin community, business acumen, and global vision will add value to our company."
The company aims to enhance long-term shareholder value and expand its Bitcoin treasury policy with the newly established advisory board. Information regarding other members of the board will be shared in the future.
Metaplanet's Bitcoin Vision
Metaplanet, listed on the Tokyo Stock Exchange, has attracted attention in recent years with its steps in the Bitcoin and cryptocurrency space. The company aims to position itself as a 'Bitcoin Treasury Company' and develop alternative financial solutions through cryptocurrencies. The new advisory board formation aims to further reinforce Metaplanet’s strategic orientation at a corporate level. The board will not only provide consultancy but will also contribute to the company’s Bitcoin-based product development processes.
With Eric Trump's inclusion in the board, Metaplanet plans to attract more interest from global investors and cryptocurrency enthusiasts. The Trump family's name and influence could enhance the company's international visibility.
Metaplanet continues to grow beyond Japan with its Bitcoin treasury strategy and aims to target new markets. It is expected that the strategic advisory team will provide a stronger foundation for this goal.
With current data, Metaplanet holds 3,200 BTC worth 270 million dollars.