Eric Trump to Back Metaplanet’s 210,000 BTC Acquisition in Tokyo
Eric Trump, newly appointed adviser to Metaplanet, will keynote the Bitcoin Asia conference in Hong Kong on August 28–29 before attending the company’s critical shareholder meeting in Tokyo on September 1, 2025. At the meeting, investors will vote on preferred stock issuances and other capital-raising tools to fund a bold Bitcoin acquisition strategy. Metaplanet currently holds 18,888 BTC (over $2 billion), and its stock has jumped 140% this year. The firm aims to expand its Bitcoin treasury to 210,000 BTC by 2027, up from an initial target of 10,000 BTC by year-end. Support from the Trump family, including ties to the American Bitcoin acquisition vehicle and plans for a reverse merger with Gryphon Digital Mining, adds to growing institutional adoption. Traders should watch for shifts in market sentiment as the vote outcome may signal broader appetite for large-scale BTC treasury management. Eric Trump’s public endorsement and the proposed capital raising could drive fresh Bitcoin demand and influence price trends.
Bullish
Eric Trump’s high-profile backing of Metaplanet’s large-scale BTC acquisition plan is likely to boost investor confidence and signal strong institutional demand for Bitcoin. In the short term, anticipation around the September 1 shareholder vote and the Hong Kong conference appearance could drive upward price momentum as traders position for increased demand. Over the long term, successful capital raising and expanded BTC treasury to 210,000 coins by 2027 would further legitimize Bitcoin as a corporate treasury asset, potentially sustaining bullish market dynamics and attracting more institutional investors.