Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Eric Trump to Attend Shareholder Meeting in Tokyo
Eric Trump, the son of former U.S. President Donald Trump, is scheduled to participate in a shareholder meeting for the Japanese Bitcoin treasury firm Metaplanet in Tokyo on Monday.
This news highlights the Trump family’s expanding involvement in international cryptocurrency ventures, as reported by Reuters.
Involvement with Metaplanet
Since becoming an advisor to Metaplanet in March, Eric Trump has appeared at the Bitcoin Asia conference in Hong Kong. His brother, Donald Trump Jr., co-founded a cryptocurrency mining company called American Bitcoin, which intends to go public on the Nasdaq this month. Asher Genoot, the CEO of the firm holding 80% of American Bitcoin, confirmed Eric Trump’s attendance at the Metaplanet meeting, according to Bloomberg.
Shareholder Meeting Details
The agenda for the meeting includes voting on a proposal to issue up to 550 million new shares globally, aiming to raise 130.3 billion yen (approximately $884.41 million) primarily for Bitcoin acquisitions. Metaplanet, which transitioned from being a hotel operator, has seen its shares soar nearly 760% over the past year. Previously known as Red Planet Japan, it now trades on the Tokyo Stock Exchange.
Bitcoin Acquisition Strategy
Metaplanet has been making waves with its aggressive Bitcoin acquisition strategy, which is reminiscent of the approach taken by Michael Saylor of Strategy Inc. (NASDAQ: MSTR). In June 2024, the firm announced plans to acquire over $6 million worth of Bitcoin from proceeds of a bond sale to enhance its crypto portfolio.
Growing Bitcoin Holdings
By October 2024, Metaplanet bolstered its Bitcoin assets by acquiring an additional 107.91 BTC, valued at nearly $7 million, showcasing its belief in Bitcoin as a key asset. In March 2025, Eric Trump was appointed as a strategic advisor, which coincided with the company’s stock increasing by an impressive 2,152% over the past year, enhancing its position in the cryptocurrency market.
Status as a Bitcoin Holder
By April 2025, Metaplanet emerged as one of the top 10 corporate Bitcoin holders, boasting a stash valued at $388 million. Current data from Coingecko shows that Metaplanet holds 18,991 BTC, worth approximately $2.05 billion, making it a significant player in the cryptocurrency space.