Metaplanet has acquired $12.6 million worth of bitcoin following the appointment of Eric Trump to its advisory board.
Metaplanet's Bitcoin Acquisition
Metaplanet has strengthened its position in the digital asset world by acquiring $12.6 million in bitcoin. The decision aligns with Eric Trump's recent appointment to the advisory board, potentially expanding the company's market presence.
Bitcoin Price Surge
As of the writing, the market price of bitcoin stands at $87,242, according to CoinMarketCap. Bitcoin's market capitalization is approximately $1.73 trillion with a market dominance of 60.7%. The 24-hour trading volume surged to $18.37 billion, marking a significant 94.67% increase.
Influence of High-Profile Figures on Crypto Market
Previously, the inclusion of high-profile figures in advisory roles has often led to significant market shifts. Metaplanet's decision echoes similar historical patterns, signaling potential increased focus on digital assets.
This decision by Metaplanet could draw investor attention, signaling the company's readiness to expand its presence in the digital currency sector.
