Eric Trump, son of U.S. President Donald Trump, will attend a shareholder meeting for Japanese Bitcoin treasury firm Metaplanet in Tokyo. He became an advisor to the company in March and recently appeared at the Bitcoin Asia conference in Hong Kong. American Bitcoin, founded by Eric and his brother, plans to list on the Nasdaq this month.
Metaplanet will vote on selling up to 550 million new shares overseas, raising 130.3 billion yen primarily for bitcoin acquisitions. The company’s shares have surged nearly 760% in the past year. Previously a hotel operator, Metaplanet, trading on the Tokyo Stock Exchange, was formerly known as Red Planet Japan.
Metaplanet’s aggressive Bitcoin acquisition strategy echoes Michael Saylor-led Strategy Inc.’s approach. In June 2024, the firm announced plans to purchase over $6 million worth of Bitcoin. By October 2024, the company acquired an additional 107.91 BTCs valued at nearly $7 million, showcasing confidence in Bitcoin’s potential.
In March 2025, Eric Trump was appointed as a strategic advisor to Metaplanet as its stock surged by 2,152% over the past year. By April 2025, Metaplanet became one of the top 10 corporate holders of Bitcoin with holdings valued at $388 million. The company currently holds 18,991 BTC worth $2.05 billion.
Coingecko data shows Metaplanet holds 18,991 BTC, worth $2.05 billion, making it one of the top corporate holders of Bitcoin. Trump Media & Technology Group Corp. is the next-largest holder with 18,430 BTC worth $1.99 billion. Eric Trump’s involvement with Metaplanet coincides with its rapid ascent in the crypto space.
Read more at Yahoo Finance: Eric Trump To Attend Shareholder Meeting Of A Company In Japan That Is Emulating Michael Saylor’s Bitcoin Hoarding Strategy: Report
