Metaplanet Expands Bitcoin Holdings to 3,350 BTC as Eric Trump Joins Advisory Team

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Metaplanet, a prominent Japanese investment firm, has acquired an additional 150 bitcoins, worth approximately $12.6 million, bringing its total holdings to 3,350 BTC.

The acquisition was made at an average price of $83,801 per bitcoin, placing the firmâ€™s total bitcoin holdings at an estimated $291.3 million based on current market valuations.

Metaplanet Sets Ambitious Bitcoin Target of 10,000 BTC

This latest purchase closely follows the announcement that Eric Trump, son of US President Donald Trump, has joined the company’s Strategic Board of Advisors. CEO Simon Gerovich expressed confidence that Trumpâ€™s financial acumen and enthusiasm for Bitcoin will support the companyâ€™s ambitious goal of becoming one of the world’s leading Bitcoin treasury firms. The company aims to reach 10,000 BTC during this cycle and 21,000 BTC by 2026.

https://twitter.com/gerovich/status/1904003480307876086

The company, which launched its Bitcoin acquisition strategy in April 2024, is positioning itself as a major player in institutional crypto investment. According to Bitcointreasuries.net, Metaplanet is currently the largest corporate Bitcoin holder in Asia and the tenth-largest public holder globally.

Also read: Metaplanet Doubles Down on Bitcoin with Bold $12.5M Investment

Metaplanet’s Stock and Market Influence Rise

While MicroStrategy, led by Michael Saylor, remains the global leader with nearly 500,000 BTC, Metaplanetâ€™s rapid accumulation has garnered attention, especially within the Asian market. Investor optimism around the companyâ€™s crypto-focused strategy is reflected in its stock performance, which rose 4.8% on the Tokyo Stock Exchange during the afternoon session and has gained 38.7% since the start of the year, according to Google Finance data.

Also read: Strategy Eyes More Bitcoin With $711M War Chest

With Bitcoin recently climbing 3.4% to reach $86,988, Metaplanetâ€™s aggressive acquisition strategy positions it to capitalize on further price appreciation. The firmâ€™s continued commitment to Bitcoin signals a long-term vision aligned with the assetâ€™s growing institutional adoption and rising significance in global finance.

As Metaplanet pursues its bold targets, all eyes will be on the firm to see how strategic decisionsâ€”such as the addition of Eric Trumpâ€”shape its trajectory and potentially influence broader institutional engagement in the digital asset space.

Author

Steven Walgenbach

Steven's passion for cryptocurrency and blockchain technology began in 2014, inspiring him to immerse himself in the field. He notably secured a top 5 world ranking in robotics. While he initially pursued a computer science degree at the University of Texas at Arlington, he chose to pause his studies after two semesters to take a more hands-on approach in advancing cryptocurrency technology. During this period, he actively worked on multiple patents related to cryptocurrency and blockchain. Additionally, Steven has explored various areas of the financial sector, including banking and financial markets, developing prototypes such as fully autonomous trading bots and intuitive interfaces that streamline blockchain integration, among other innovations.

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