Eric Trump-advised bitcoin firm Metaplanet to vote on capital-raisiing plan

1/9/2025 13:16

Eric Trump is expected to attend a shareholder meeting of Japanese bitcoin treasury company Metaplanet in Tokyo on Monday, as the U.S. president's family expands its crypto ventures internationally.



The second son of President Donald Trump was named in March as an adviser to Metaplanet, which holds more than $2 billion in bitcoin, and his attendance would follow an appearance last week at the Bitcoin Asia conference in Hong Kong.



Metaplanet stockholders were asked to approve a plan that would sell up to 550 million new shares overseas for 130.3 billion yen ($884.41 million), with the bulk of the proceeds to be spent on buying more bitcoin.



Three people who came out of the meeting held in the Shibuya area of central Tokyo said the capital-raising plan was approved, and that Eric Trump was due to speak at a fireside chat at the same venue later in the day.