Meet the New Bitcoin Guru: Eric Trump Joins Metaplanet’s Advisory Board

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In an utterly shocking turn of events that has left absolutely no one scratching their heads, Japanese Corporation Metaplanet has announced the appointment of Eric Trump, son of the very man himself, US President Donald Trump, as the inaugural member of its newly minted Strategic Board of Advisors.

The announcement, made on March 21, highlights Metaplanet’s relentless drive to become a bigwig in the global Bitcoin economy. Because, why not have a bit of family flair while shaking up the crypto world?

Eric Trump Joins Metaplanet, No, Seriously

According to Metaplanet’s official statement (which no doubt sounded serious), Eric Trump’s appointment aims to capitalize on his vast expertise in real estate, finance, and brand development. Let’s not forget his evident fondness for strategic business growth. But wait – there’s more! Eric Trump has also become a vocal advocate for digital assets and blockchain innovation.

Not only that, but he serves as a Web3 ambassador for World Liberty Financial (WLFI), a Trump-backed decentralized finance project that aims to liberate us all from the horrors of traditional banking systems.

“His business acumen, love of the Bitcoin community, and global hospitality perspective will be priceless in accelerating Metaplanet’s mission of becoming one of the top Bitcoin Treasury Companies in the world,” said Metaplanet CEO Simon Gerovich, no doubt with a smile that could rival a Cheshire Cat.

In a move that no one saw coming, Metaplanet’s Strategic Board of Advisors will include other “renowned” industry leaders and financial experts. These individuals will be working tirelessly to further Metaplanet’s Bitcoin mission, or at least have their photos taken while doing so.

This announcement coincides with Metaplanet’s latest Bitcoin investment strategy, which includes issuing 2 billion yen ($13.4 million) in zero-coupon ordinary bonds. And what are they going to do with that hefty sum? Why, acquire more Bitcoin, of course.

The company’s ambition doesn’t stop there. Their roadmap, which is quite possibly printed on a magic carpet, reveals they plan to acquire 10,000 Bitcoins by the end of this year and a whopping 21,000 BTC by 2026. Because who needs small goals when you’ve got a strategy that practically screams “ambitious”?

Currently, Metaplanet holds a modest 3,200 BTC, acquired at a cool average price of $83,107 per coin. Though this has netted them a modest profit of 1.8%, Bitcoin’s price fluctuations have kept them on their toes – and a bit worried, we might add.

March 2025 brought some unsettling moments, as Bitcoin’s price briefly dipped below Metaplanet’s acquisition cost. The horrors! In fact, Bitcoin hit a low of $76,555 last week – the lowest since November 2024 – but the market, being the resilient creature that it is, has since seen a slight recovery. Who says crypto’s not thrilling?

As of this very moment, Bitcoin is trading at $84,414. It’s down 1.54% over the past 24 hours, but don’t fret – it’s all part of the fun. This slight dip gives Metaplanet just enough room to breathe, but it also serves as a stark reminder of how unpredictable the cryptocurrency market can be. Grab your popcorn, folks, it’s going to be a bumpy ride!

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2025-03-21 08:26