US President Donald Trump's son Eric Trump has become the first member of the new strategic board of directors of Metaplanet

Metaplanet, a company actively accumulating Bitcoin, has appointed Eric to its newly formed strategic board of directors.

Son of former U.S. President Donald Trump, Eric Trump, has joined the new strategic board of directors of Metaplanet (TYO:3854), a company focused on advancing Bitcoin adoption initiatives globally.

The appointment was announced on Tuesday by Simon Gerovich, CEO of Metaplanet, via X post.

As a globally recognized business leader and entrepreneur, Eric Trump brings a wealth of experience in real estate, finance, brand development and strategic business growth, and has become a leading voice and advocate for the adoption of digital assets globally.

Together with the members of the newly formed Strategic Board of Advisors, Eric will play a key role in realizing Metaplanet's mission to become a global leader in the Bitcoin economy.

Earlier this month, Harvest Platform, a crypto startup co-founded by Eric Trump, completed its second token sale, raising a total of $550 million.

The move is part of Metaplanet's plan to create a board of influential voices, speakers and opinion leaders from around the world committed to furthering the adoption of Bitcoin.

Company assets and market reaction

Metaplanet shares rose 17.8% to JPY4,730 ($31.74) in the first 80 minutes of trading on the Tokyo Stock Exchange on Tuesday, according to Google Finance data.

Metaplanet now owns 3,050 Bitcoins worth nearly $4.1 billion, making it the 12th largest corporate Bitcoin holder according to BitBo's BitcoinTreasuries.NET data.

A Japanese investment firm has set a goal of accumulating at least 10,000 Bitcoins by the end of 2025. Gerovich's firm acquired 1,288 Bitcoins in the first 11 weeks of 2025 - a significant increase in pace compared to 2024, though not yet enough to achieve this ambitious goal.

Ties to the Trump family

The company has been using various financial instruments to increase its Bitcoin reserve since its first purchase on April 23, 2024. Meanwhile, Eric Trump has become a key participant in World Liberty Financial, a crypto platform affiliated with the Trump family, which completed its second token sale in March 2025, bringing its total funding to $550 million. According to crypto analytics platform Arkham Intelligence, the Trump-affiliated platform currently holds $80.8 million in crypto assets.

The president's son also recently revealed that his personal cryptocurrency holdings include Bitcoin, Ethereum, Solana, and Sui.