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Eric Trump on the Metaplanet board: The goal is more Bitcoin
By Daniele Corno
Japanese company Metaplanet, the tenth largest Bitcoin holding company, has appointed Eric Trump as a member of its strategic board
Eric Trump supporting Metaplanet
The Japanese company Metaplanet has appointed Eric Trump, the second son of President Donald Trump, as a member of its strategic board.
Metaplanet is thrilled to welcome Eric Trump to our newly formed Strategic Board of Advisors. His business expertise and passion for BTC will help drive our mission forward as we continue building one of the world’s leading Bitcoin Treasury Companies.
Welcome aboard @EricTrump! pic.twitter.com/c0bpC1ojcg
— Simon Gerovich (@gerovich) March 21, 2025
According to the announcement shared by CEO Simon Gerovich in a post on X, the choice of Eric Trump is strategic for their goal. He reports that: “His business expertise and passion for BTC will help us advance our mission as we continue to build one of the world’s leading companies with a Bitcoin treasury.”
The company, listed on the Tokyo Stock Exchange, has shared the goal of reaching a treasury of at least 10,000 Bitcoins by the end of 2025 and 21,000 Bitcoins by the end of 2026.
Currently, following the latest purchase of 150 Bitcoin during the current week, it manages 3,200 Bitcoin. With this value, Metaplanet is the tenth company in the world by number of Bitcoin in custody.
Metaplanet flies on the news
Following the announcement, after reaching a low of around 3,000 JPY, down -58% from its peak, the stock continued to rebound, showing a +17% increase on the daily chart, recovering +55% from the lows reached on March 11.
Thanks to its strategy, inspired by the strategy of Strategy, the purchase of Bitcoin as treasury has allowed the company to establish a new future, benefitting enormously from the appreciation of its shares. Metaplanet is in fact close to a split of its shares 10:1, expected on April 1st.
Although the role of the president’s son is not yet clear, the market has rewarded the company for this decision. However, many doubts remain regarding potential conflicts of interest, even if at the moment they are nothing more than speculation.
