Metaplanet, the largest Bitcoin owner in Japan, has appointed Eric Trump in his new strategic advice of consultants. The move aims to advance the mission of adoption of Metaplanet Bitcoin while Bitcoin earns mainstream traction.
Metaplanet announced the transition on Friday, stating that Trump’s competence and passion for Bitcoin will help to guide the company’s goals. As the son of the President of the United States Donald Trump, Eric Trump emerged as an influential voice in support of Bitcoin growth and the cryptocurrency industry.
The consultative committee will also include other high profile figures still to be appointed, according to Metaplanet. The goal will be to bring together leaders in the business world, politics and technology to further accept the acceptance of Bitcoin globally.
The representative director of Metaplanet Simon Gerovich welcomed the appointment of Trump, underlining his acumen of activities and enthusiasm for the Bitcoin community. Gerovich said: “His commercial competence and passion for BTC will help to advance our mission while we continue to build one of the main Bitcoin Treasury companies in the world”.
The company based in Tokyo has aggressively accumulated the reserves of Bitcoin, with over 3,200 BTC for a value of about $ 267 million. At the beginning of March, Metaplanet purchased additional 150 bitcoins with a value of $ 12.5 million.
Founded in 1999, Metaplanet has shifted his attention to Bitcoin’s investments and defense. The company is negotiated on the Tokyo stock exchange and was previously known as Red Planet Japan.
Eric Trump has increasingly supported Bitcoin and Cryptos. A cryptocurrency of a Trump family is involved in World Liberty Financial. His father, Donald Trump, recently signed an executive order to launch a strategic Bitcoin reserve.
With Bitcoin becoming mainstream, Metaplanet is betting on cryptographic consultants such as Trump to guide institutional adoption. The main companies that add Bitcoin to the reserves could accelerate acceptance and consolidate Bitcoin as a solid corporate resource.