Metaplanet has officially announced the appointment of Eric Trump to its newly formed Strategic Board of Advisors. Team Bitcoin Capital considers his business know-how and Bitcoin advocacy as key elements
Metaplanet, a company focused on Bitcoin treasury operations, has announced the appointment of Eric Trump to its newly formed Strategic Board of Advisors.
* The company, recognized for its Bitcoin treasury management, has brought together a board of advisors from key figures in the industry.
* Eric Trump, son of former U.S. President Donald Trump, brings executive experience from his role as an established entrepreneur.
* The appointment follows Metaplanet's recent announcement of an ambitious Bitcoin investment plan and a unique share subscription program.
Simon Gerovich, CEO of Metaplanet, took to X, formerly Twitter, to share the news of Eric Trump joining the company's Strategic Board of Advisors.
"We are honored to have Eric Trump as the first member of our Strategic Board of Advisors," said Gerovich. "Metaplanet will benefit greatly from Eric's keen business mind, his passion for Bitcoin, and his global market knowledge as we continue to advance our mission."
The establishment of this board assembles some of the most important figures dedicated to expanding Bitcoin usage and facilitating financial development. Among them is Eric Trump, recognized for his executive skills and service in the business world.
As an established entrepreneur, Eric Trump leads businesses and excels in real estate investments, finance, and brand development skills. He is also a recognized figure in promoting the development of the metaverse and Web3 technologies. Through his efforts, he has built a global position as an advocate for digital assets.
"We are honored to welcome Eric Trump to our Strategic Board of Advisors," said Gerovich in a statement. "His passion for innovation, deep understanding of global markets, and experience in building successful businesses will be invaluable to Metaplanet as we continue to grow our Bitcoin treasury and develop new financial solutions."
The company further explained that the creation of the Strategic Board of Advisors and the appointment of Eric Trump to the board underscores Metaplanet's commitment to recruiting high-level professionals who will guide the company's strategic development.
The company is broadening its Bitcoin investment strategy while remaining focused on shareholder long-term value creation.
Recently, Metaplanet announced an aggressive Bitcoin investment plan alongside the enhancement of its advisory team. The company intends to distribute 21 million new share subscription rights. Through the program, it will acquire Bitcoin by raising ¥116 billion ($745 million).
The increase in Metaplanet's Bitcoin treasury presents the company's strong belief in the potential of digital assets. The company aims to become a global authority that develops Bitcoin financial strategies. It will demonstrate to investors the beneficial strategic nature of Bitcoin for business operations while delivering solid profit returns.
The news of Eric Trump's appointment comes as members of the Trump family have shown expanding interest in digital currency investments.
Earlier this year, Lara Trump, Eric's sister-in-law, joined the cryptocurrency project Plutus as an advisor. The project is developing a tokenized value layer on the Bitcoin blockchain.
Moreover, a newly launched crypto-related project, WLFI, is being led by close Trump family members, showcasing their stronger commitment to the digital asset industry.
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