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Metaplanet Acquires 150 BTC Following Eric Trump's Appointment to Company Board

Metaplanet Acquires 150 BTC Following Eric Trump’s Appointment to Company Board

Metaplanet, dubbed the “Japanese Strategy,” has acquired 150 BTC worth $12.6 million.

The purchase price was $83,801 per coin. The firm’s total crypto assets have reached 3,350 BTC ($291.3 million).

Days earlier, Metaplanet appointed Eric Trump, son of former U.S. President Donald Trump, to its strategic board.

The company’s CEO, Simon Gerovich, noted that Trump’s business acumen and interest in Bitcoin will aid the firm in enhancing its status as one of the largest corporate holders of the leading cryptocurrency.

Metaplanet has been actively increasing its crypto assets since adopting a Bitcoin strategy in early April 2024. The firm aims to accumulate 10,000 BTC by the end of 2025.

According to BitcoinTreasuries, Metaplanet ranks 10th in corporate Bitcoin holdings and is the largest holder in Asia.

Back in February, following the adoption of its crypto strategy, the company’s shares rose by more than 2700%.

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