Mentioned:
Eric Trump is getting involved with one of the largest holders of Bitcoin in the traditional public markets. But, why?
What’s happening:
- Metaplanet (OTCQX: MTPLF) has officially added Eric Trump to their Strategic Advisory Board
Why it matters:
- Metaplanet is the largest holder of Bitcoin amongst publicly listed companies in Japan
Going deeper:
- Eric Trump and Metaplanet will closely collaborate on new ways to raise additional equity and debt financings for the purpose of accumulating more Bitcoin to hold directly as an asset
- Eric Trump and Donald Trump Jr have both been deepening their bets on digital assets lately, including just recently successfully raising half a billion dollars through a token sale for their decentralized finance project World Liberty Financial
The intrigue:
- Eric Trump also just recently joined another publicly traded company focused on artificial intelligence computing and expanding American based data centre infrastructure
