Eric Trump Skyrockets Metaplanet Inc.’s Value by 4800%: Shocking 17.8% Stock Surge in Just 90 Minutes!
Let’s explore Metaplanet Inc. strengthening its crypto ambitions with Eric Trump. What’s next for the Bitcoin price?
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Metaplanet Inc., the Japanese Bitcoin Treasury company, has roped in Eric Trump, son of the President of the United States, Donald Trump, for their newly established Strategic Board of Advisors. This move aims to improve the company’s position in the digital asset landscape with the help of Eric Trump’s extensive experience in business and brand development.
Eric Trump, an internationally known entrepreneur with a strong background in finance, real estate, and brand development, is now backing Metaplanet’s push for greater Bitcoin adoption. His experience and influence in the business world make him a valuable addition to the company’s mission of becoming a leading Bitcoin Treasury firm.
CEO Expresses Enthusiasm Over Trump’s Inclusion
Creating the Strategic Board of Advisors is part of Metaplanet’s broader plan to bring together influential personalities working to improve Bitcoin adoption across the globe. With Eric Trump as its inaugural member, the company aims to leverage his expertise to inflate shareholder value and achieve its strategic milestones in the crypto space.
Metaplanet Inc. CEO, Simon Gerovich, expressed fervent excitement about the appointment, writing in a post on X that Trump’s business expertise and passion for the Bitcoin fraternity will be monumental in expediting the company’s progress in becoming a leading Bitcoin treasury company.
Market Reacts to Latest Development: Metaplanet Stock Skyrockets!
An immediate impact on the Metaplanet stock was noticed after this announcement. On March 21, the companies’ shares surged 17.8% to ¥4,730 within the first hour and a half of trading. Metaplanet has been actively amassing Bitcoin since April 2024. As of March 2025, after their recent $12.5 million buying spree, the company holds 3200 BTC, valued at nearly $2.7 billion, given current Bitcoin prices. The recent development makes Metaplanet Inc. the world’s 12th-largest corporate Bitcoin holder. The Bitcoin-focused model has spelled wonders for the hotel company so far, with a reported 4800% increase in their stock prices over the last year.
Chart 1: Published on Japan Exchange Group, March 21, 2025
Metaplanet has been actively amassing Bitcoin since April 2024. As of March 2025, after their recent $12.5 million buying spree, the company holds 3200 BTC, valued at nearly $2.7 billion, given current Bitcoin prices. The recent development makes Metaplanet Inc. the world’s 12th-largest corporate Bitcoin holder. The Bitcoin-focused model has spelled wonders for the hotel company so far, with a reported 4800% increase in their stock prices over the last year.
With institutional interest pouring in for Bitcoin, its price is being closely watched by investors around the world. Let’s take a quick look at how the recent developments have impacted Bitcoin price with a detailed analysis of Bitcoin over the past 24 hours.
Bitcoin Analysis of the Last 24 Hours: Bitcoin Faces Correction
Bitcoin began the day riding on previous highs, at $87,460. However, as the day progressed, Bitcoin slumped, going $85,540 within 4 hours. A trading range formed and Bitcoin soon broke out upward, finding stern resistance at $86,300. The buying pressure again lost steam as Bitcoin fell to a $85,000 support. As buying pressure picked up gears again, the short EMA overtook the longer one and a Bitcoin made another attempt at the $86,300 resistance. However, the breakout did not occur and Bitcoin experienced a huge plunge, finally finding support at $83,700.
Chart 2: analyzed by raodevansh18, published on TradingView, March 21, 2025
Since then, Bitcoin has been on an upward march, as the support trend line climbs slowly. It is worth noticing that the $84,800 resistance has been holding steady in the early hours of March 21. A bullish triangle can be seen\, suggesting a possible upward breakout soon.
Bitcoin Price Prediction: What’s On The Horizon For March 21?
While a bullish triangle can be seen in the early hours of March 21, it is also worth noting that the last update saw buying pressure cool off as Bitcoin approached oversold levels on the RSI. So, a meager price correction may be on the cards. However, if the buying trend picks up again, substantial improvement may be seen, perhaps another attempt at $86,300.
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