crypto news

Eric Trump to attend the Japanese metaplanet meeting star-news.press/wp

author

Sujha Sundarajan

author

Sujha Sundarajan

About the author

Sujha as Women has been recognized at Crypto 2024 🟣 by Beincrypto to lead in encryption journalism.

Last update:

September 1, 2025

Eric Trump, the second son of US President Donald Trump, is scheduled to attend a meeting of the shareholders in Metaplanet in Tokyo on Monday as part of expanding the scope of the Trump family encryption at the international level.

His visit to Japan follows his presence at the Bitco ASIA conference in Hong Kong last week.

In March, the largest company of the Treasury in Japan was appointed to Metaplanet, Eric Trump as its advisor. The company, which is proud of billion dollars in Bitcoin, said that his appointment would enhance Bitcoin’s “adoption” of Metlanite.

Metaplanet currently has 18,991 Bitcoin, worth $ 2.04 billion. Metaplanet, who was previously a hotel operator, has announced plans to raise 180.3 billion yen ($ 1.2 billion) by issuing shares abroad, with $ 837 million to buy fresh BTC.

Besides, the American bitcoin coin, which was established by Eric Trump and his brother Donald Trump Junior, is keen to include on the Nasdak Stock Exchange soon. The company ends a combination with Gryphon Digital Mining. Trump’s brothers, along with HUT 8, will keep 98 % of the entity, after merging.

Ashir Genot, CEO of American Bitcoin, confirmed the presence of Eric Trump at the metaplanet meeting, As Bloomberg mentioned previously.

Metaplanet shareholders due to a vote on a proposal to raise funds amid Eric Trump’s visit

On Monday, the Eric Trump meeting will include a vote by Metaplanet shareholders on a proposal to collect capital, for each a. Reuters report.

The plan will sell 550 million new shares abroad, with 130.3 billion yen (884.41 million dollars), in the first place to buy bitcoin.

Metaplanet, previously known as Red Planet Japan, witnessed that her shares would rise by approximately 760 % last year.

Metaplanet Stock Sinks – Cross Cross Crossion in the introduction?

The shares of the Japanese aggressive bitcoin accumulation falls, threatening the Metaplanet’s capital lifting model.

The shares fell by 2.62 % on Monday For all Yahoo financing dataSetting a suggestion to collect donations under pressure.

In an interview with Bloomberg, Simon Girovic, CEO of Metaplanet, described a “defensive mechanism”, that would allow the leakage of capital without alleviating subscribed shareholders if the stock decreases further.

Metaplanet aims to hide 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. In other words, he wants to double its current holdings by more than 11.


https://cimg.co/wp-content/uploads/2025/09/01034815/1756698495-image-1750842322079_optimized.jpg

2025-09-01 04:10:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button