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- Metaplanet’s stock surged 17% after appointing Eric Trump to its new Strategic Board to boost Bitcoin strategy.
- The firm’s aggressive Bitcoin acquisition aligns with global trends as nations explore digital assets to counter traditional finance.
Japan-based Metaplanet is back in the spotlight after its shares jumped 17%, hitting ¥4,730. The sudden spike follows a surprising announcement: the company has brought Eric Trump—son of U.S. President Donald Trump—on board as the first member of a newly formed Strategic Board of Advisors.
Eric Trump, a top executive at the Trump Organization, is now the first member of Metaplanet’s newly launched Strategic Board of Advisors. With a background rooted in property, finance, and branding, he’s expected to bring a distinct edge to the company’s play in the digital asset space.
Metaplanet believes his mix of business experience and public visibility will be instrumental in pushing forward its goal of becoming a major Bitcoin-holding firm.
“His business acumen, love of the Bitcoin community, and global hospitality perspective will be invaluable in accelerating the company’s vision of becoming one of the world’s leading Bitcoin Treasury Companies,” company said.
Metaplanet’s Bold Bitcoin Move — Can Eric Trump Help?
Metaplanet’s Strategic Board of Advisors isn’t just a move forward. Metaplanet wants to enlist international Bitcoin enthusiasts and business leaders to make it more influential in the global economy. With Eric Trump on board, it hopes to gain more visibility and credibility with international investors.
Recently, Metaplanet purchased 162 BTC, proving its commitment to Bitcoin by action. This move is similar to U.S.-based MicroStrategy, which recently raised $500 million to grow its Bitcoin holdings. Both companies seem to be competing for dominance in Bitcoin treasury management.
Eric Trump has been gaining traction among cryptocurrency communities, especially after Donald Trump’s recent political victory. His positive sentiments regarding digital markets have given legitimacy to Metaplanet’s action. He has been vocal during market slumps and has even called on investors to “buy the dip” during a recent slump.
Bitcoin’s Global Rise — Strategic Adoption by Nations
Metaplanet’s optimism is part of a larger trend of countries adopting Bitcoin for strategic reasons. Russia’s Finance Minister Anton Siluanov has confirmed that Russia is using Bitcoin for cross-border transactions to circumvent sanctions by the West. Russian firms are already using domestically mined BTC to make foreign transactions, and President Putin is endorsing digital currencies to counter dollar dominance.
Hong Kong, too, is exploring Bitcoin for its financial reserves. Legislator Wu Jiezhuang made a case for it, saying:
If economic powerhouses actively incorporate bitcoin into strategic reserves, its value will stabilize, prompting more countries to follow suit and reduce holdings in traditional assets, causing traditional asset prices to fall and shrinking government financial reserves.
Brazil is a prime example. Its RESBit program seeks to add Bitcoin to sovereign reserves. That is part of its quest to become a financial innovation hub and less reliant on traditional financial infrastructure. Poland is not far behind, with presidential candidate Sławomir Mentzen calling for a national Bitcoin reserve to make Poland a pioneer in digital finance.
