Eric Trump, son of U.S. President Donald Trump, is set to attend a shareholder meeting for Japanese Bitcoin (CRYPTO: BTC) treasury firm Metaplanet in Tokyo on Monday.
Eric Trump Acting As Advisor To Metaplanet
Reuters reported this development as part of the Trump family’s growing international crypto ventures.
Eric Trump, who became an adviser to Metaplanet in March, recently appeared at the Bitcoin Asia conference in Hong Kong. American Bitcoin, a cryptocurrency mining company founded by Eric and his brother Donald Trump Jr., plans to list on the Nasdaq this month. Asher Genoot, CEO of the company holding 80% of American Bitcoin, confirmed Eric Trump’s attendance at the Metaplanet meeting, initially reported by Bloomberg.
The meeting will involve a vote on a proposal to sell up to 550 million new shares overseas, raising 130.3 billion yen ($884.41 million) primarily for bitcoin acquisitions. Metaplanet, previously a hotel operator, has seen its shares skyrocket by nearly 760% in the past year. The company, trading on the Tokyo Stock Exchange, was formerly known …