Open account

Eric Trump joins Metaplanet's advisory board to boost Bitcoin strategy

Metaplanet appointed Eric Trump to its Strategic Board on March 21, 2025 and accelerated a rapid Bitcoin accumulation strategy, sending its stock up ~17% on the announcement. The Tokyo-listed firm expanded holdings from roughly 3,200 BTC at announcement time to about 40,177 BTC by early April 2026, using equity- and debt-funded buys (including a Q1 2026 purchase of 5,075 BTC worth ~$398–405 million). Recent purchases include 150 BTC for ~$12.6 million. Metaplanet’s average cost basis sits between $97,000 and $104,000 per BTC. The move mirrors MicroStrategy’s playbook and signals continued institutional demand for Bitcoin, likely exerting upward support on BTC prices if the company continues issuing capital to buy more BTC.

Category

Bitcoin

Sentiment

Bullish

Event

Institutional flow

Reading time

1 min