Japan's Metaplanet announced a significant move by appointing Eric Trump, the former US President's son, to its newly established Strategic Board of Advisors. This step marks an important milestone in the company's mission to promote Bitcoin.
Appointment of Eric Trump
Metaplanet announced the formation of its Strategic Board of Advisors and appointed Eric Trump. This move aims to promote Bitcoin adoption and support financial innovation. Eric Trump is known as a supporter of digital assets and an experienced business leader with expertise in real estate and strategic business growth.
Metaplanet's Bitcoin Reserve
In April 2024, Metaplanet started acquiring Bitcoin following Strategy₿'s lead. Since then, the company has purchased 3,200 Bitcoins, now valued at over $269 million. The latest acquisition was 150 BTC on March 18.
Significance of the Decision
Although Metaplanet has purchased relatively modest amounts of Bitcoin compared to larger investors, it has steadily followed its path to consolidate a Bitcoin reserve. The current announcement highlights the importance of dedication and consistency in pursuing a chosen strategy, even as a small player in the industry.
The appointment of Eric Trump to Metaplanet's Strategic Board of Advisors will set an example for other companies and promote further Bitcoin adoption globally.
