The Japanese giant Metaplanet announced that it has included Eric Trump, the son of the President of the United States Donald Trump, in its Strategic Advisory Board.
Eric Trump, the second son of President Donald Trump of the United States, will contribute to the mission of increasing the company's Bitcoin (BTC) reserves. Metaplanet CEO Simon Gerovich announced this step on the X platform.
Metaplanet stated that Eric Trump has extensive experience in real estate, finance, brand development, and strategic business growth, emphasizing that he is a significant advocate for the global adoption of digital assets.
The Japanese giant revealed its Bitcoin accumulation strategy last year and aims to accumulate 10,000 BTC by the end of 2025. The company, which most recently bought $12.5 million worth of BTC on Tuesday, currently holds 3,200 BTC. This makes the company the 10th largest institutional holder of Bitcoin worldwide. Michael Saylor's strategy, on the other hand, ranks at the top with 500,000 BTC.
Eric Trump's participation is seen as a step that could particularly strengthen Metaplanet's global profile within the Bitcoin community. However, this appointment also points to potential conflicts of interest.
The close ties of the Trump family with the President of the United States and their involvement in other crypto projects raise some questions because they could influence issues such as Bitcoin and cryptocurrency regulations.
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Japan's MicroStrategy, which continuously buys Bitcoin, has added Donald Trump's son to the team! - Coin Bulletin
The Japanese giant Metaplanet announced that it has included Eric Trump, the son of the President of the United States Donald Trump, in its Strategic Advisory Board.
Eric Trump, the second son of President Donald Trump of the United States, will contribute to the mission of increasing the company's Bitcoin (BTC) reserves. Metaplanet CEO Simon Gerovich announced this step on the X platform.
Metaplanet stated that Eric Trump has extensive experience in real estate, finance, brand development, and strategic business growth, emphasizing that he is a significant advocate for the global adoption of digital assets.
The Japanese giant revealed its Bitcoin accumulation strategy last year and aims to accumulate 10,000 BTC by the end of 2025. The company, which most recently bought $12.5 million worth of BTC on Tuesday, currently holds 3,200 BTC. This makes the company the 10th largest institutional holder of Bitcoin worldwide. Michael Saylor's strategy, on the other hand, ranks at the top with 500,000 BTC.
Eric Trump's participation is seen as a step that could particularly strengthen Metaplanet's global profile within the Bitcoin community. However, this appointment also points to potential conflicts of interest.
The close ties of the Trump family with the President of the United States and their involvement in other crypto projects raise some questions because they could influence issues such as Bitcoin and cryptocurrency regulations.