Tokyo-granted Bitcoin Treasury company Metaplanet has appointed Eric Trump, the son of US President Donald Trump, as her newly formed strategic council of advisers.
Metaplanet announced The appointment of Trump on March 21, in the affirmative that he will participate as the first official member of the new advisory board. The board strives to unite influential voices that are committed to promoting financial innovation and Bitcoin acceptance.
The company stated that this step reflects its dedication to building an advisory team of Top class. Trump brings experience in several industries and has become increasingly vocal about Bitcoin and digital assets.
Metaplanet described him as a strong advocate for Bitcoin adoption and a valuable addition to the strategic direction. It added:
“Eric Trump brings a wealth of experience in real estate, finances, brand development and strategic business growth and has become a leading voice and in favor of the acceptance of digital assets worldwide.”
Simon Gerovich, director of Metaplanet, expressed optimism about the appointment. He noted that Trump’s global business insight and involvement in the Bitcoin community will help speed up the company’s vision to become a worldwide leading BTC Treasury company.
According to Google Finance, the news led to the importance of investors and pushed the shares of Metaplanet by more than 17% to ¥ 4,730.
Strategic appointment
The appointment of Eric Trump seems to indicate a deliberate step in the international growth strategy of Metaplanet.
After mentioning his shares on the OTCQX in December, the company worked to expand global visibility and attract American investors.
In view of this, the presence of Trump’s son on the Metaplanet board can help increase the profession of the company among American investors, especially because it positions itself as an emerging alternative to Michael Saylor’s strategy (formerly MicroStrategy).
Eric Trump has played a more public role in the crypto space. He is connected to World Liberty Financial, a digital asset company supported by the family. Earlier this month he endorsed his father’s pro-Crypto policy and expressed support for both Bitcoin and Ethereum on Social Platform X.
