Japan-listed firm Metaplanet has once again made headlines with its recent announcement to appoint Donald Trump’s son, Eric Trump. The firm said that it has formed a Strategic Board of Advisors while revealing Eric Trump’s entry. This move is expected to boost the firm’s position among the global players’ Bitcoin push.
Metaplanet Appoints Eric Trump To Advisory Board
The company announced Eric Trump’s appointment as the first member of its Strategic Board of Advisors. The company believes his expertise in real estate, finance, and brand development will be instrumental in shaping its Bitcoin-focused strategy.
Simon Gerovich, Representative Director of the firm, expressed excitement about Trump’s role. He stated that Trump’s experience in global business and deep appreciation for the Bitcoin community would help drive the company’s vision forward. This move highlights Metaplanet’s commitment to assembling top-tier advisors to enhance its growth. Commenting on the appointment, Gerovich noted:
“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.”
The advisory board will include thought leaders and Bitcoin advocates worldwide. The company’s aim is to integrate influential voices to strengthen its standing as a leader in the Bitcoin economy.
Metaplanet’s Bitcoin Strategy Gains Momentum
The company has been steadily increasing its Bitcoin holdings, positioning itself as a major player in the digital asset space. The firm’s decision to create a high-profile advisory board aligns with its goal of becoming one of the world’s top Bitcoin treasury firms.
Meanwhile, the firm, often regarded as Japan’s MicroStrategy acquired 162 BTC last week, reflecting its growing Bitcoin focus. However, following its latest announcement, the firm’s stock shoots up 17% to JPY 4,730.00.
How’s Bitcoin Price Performing?
BTC price today was down more than 2% amid a broader crypto market downturn and exchanged hands at $84K. The flagship crypto’s one-day volume also fell plunged 32% to $25 billion. BTC has hovered between the $86.4K and $83.6K levels over the last 24 hours.
The crypto market has faced volatile trading lately despite the global shifting focus towards digital assets. The waning risk-bet appetite has kept BTC between $81K and $84K over the past seven days. However, experts remained optimistic given the recent positive developments in the market and the global push from the leading players like Metaplanet.
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