Eric Trump Joins Metaplanet in Big Bitcoin Bet—Japanese Firm Readies $884M Share Sale
Eric Trump has stepped into the spotlight as a strategic adviser to Metaplanet, a Tokyo-listed Bitcoin treasury giant holding over $2 billion in BTC, ranking as the 7th-largest public Bitcoin holder globally. At a vibrant shareholder meeting—complete with costumes, food trucks, and a K-pop performance—investors approved a bold plan to issue 550 million new shares overseas, raising 130.3 billion yen (~$884 million), primarily to buy more Bitcoin. Eric Trump is expected to speak at the event, sparking fresh buzz.
Metaplanet, formerly a hotel operator, has transformed into a crypto powerhouse, adding over 1,000 BTC to reach a total of 20,000 Bitcoins. Despite a sharp 760% stock surge this year, the share price dipped by around 4% on the day of the vote. The company’s ambitious expansion—aiming for even more Bitcoin accumulation—signals that institutional appetite for crypto remains red hot.
With Eric Trump’s involvement and the Trump family’s broader crypto ventures gaining traction, Metaplanet is emerging as a leading force in Asia’s crypto investment space. Its steady pivot into Bitcoin and advanced treasury strategy place it squarely in the global spotlight—and show crypto isn’t just hot anymore, it’s mainstream.
Impact:
Metaplanet’s move to raise capital for more Bitcoin may boost demand for BTC—but its yen-based share issuance could pressure the Japanese yen, making it slightly weaker in forex markets.
