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US President Donald Trump’s son, Eric Trump, was anticipated to attend a Metaplanet shareholders assembly as we speak as the corporate prepares to vote on an $884 million capital increase to broaden its Bitcoin holdings.
That’s after the corporate introduced its newest Bitcoin purchase as we speak of 1,009 BTC for about $112 million, pushing its BTC holdings to 20K.
That made the corporate the sixth-largest company Bitcoin holder, overtaking Riot Platforms, information from Bitcoin Treasuries reveals.
Trump To Attend Metaplanet Vote As Declining Share Value Places Stress On BTC Funding
The shareholders assembly will concentrate on whether or not the corporate ought to promote as much as 550 million new shares to abroad traders. Ought to the transfer get permitted, it might see Metaplanet increase about $884 million to bolster its already-large BTC reserves.
Metaplanet has already mentioned {that a} bulk of these proceeds might be used to buy extra BTC.
The efforts to boost capital from offshore traders come as Metaplanet’s inventory continues to slip. Simply as we speak, the corporate’s share value has plummeted greater than 5%.
That prolonged the corporate’s month-to-month loss to greater than 21%, information from Google Finance reveals.
Metaplanet share value (Supply: Google Finance)
A report by Bloomberg warns that Metaplanet’s declining inventory value might result in a fundraising drought for the corporate, which has relied on debt financing to fund its BTC acquisitions.
In accordance with the report, Metaplanet’s share value has slid 54% because the center of June, whereas BTC’s value has risen round 2% throughout this identical interval.
The decline has put its capital-raising “flywheel” below stress. Metaplanet depends on this mechanism to unlock further funding by means of so-called Transferring Strike warrants which are issued to its main investor, Evo Fund.
With the drop in Metaplanet’s share value since June, exercising these warrants is not a lovely possibility for Evo, in keeping with the report. This might squeeze the corporate’s liquidity and gradual its BTC accumulation.
Trump Strikes To Develop Household’s World Crypto Presence
Trump’s go to to Tokyo comes after he attended the Bitcoin Asia convention in Hong Kong final week. It additionally comes forward of American Bitcoin’s itemizing on the Nasdaq this week.
American Bitcoin is a BTC mining firm that’s partially owned by Eric Trump and his brother Donald Trump Jr. The agency lately merged with Gryphon Digital mining, a publicly-listed mining agency, whose shareholders permitted the transfer.
As a part of the deal, Gryphon will implement a 5-for-1 reverse inventory cut up to fulfill Nasdaq’s itemizing necessities.
“The Reverse Inventory Break up is anticipated to turn into efficient as of 5:00 p.m. Japanese Time on Sept. 2, 2025,” Gryphon mentioned in an announcement.
That merger fast-tracks American Bitcoin’s entry to Wall Avenue capital with out the necessity for an preliminary public providing (IPO).
American Bitcoin and Metaplanet will not be the one ventures that Eric Trump is concerned in. His household additionally has ties to the decentralized finance (DeFi) platform, World Liberty Monetary (WLFI).
Later as we speak, that venture will unlock 20% of the tokens that early traders purchased. These launched tokens will then turn into tradable on a number of main crypto exchanges, together with Binance and OKX, who’ve mentioned that they’ll activate buying and selling for the Trump crypto at 1:00 p.m. UTC as we speak.
World Liberty Monetary has launched its personal USD1 stablecoin to capitalize on the momentum round stablecoins after the GENIUS Act was signed into legislation earlier this yr.
Lately, World Liberty Monetary launched its USD1 stablecoin on the Solana community.
BREAKING NEWS: @worldlibertyfi’s USD1 stablecoin is now reside on Solana 🪙🦅
USD1 is a stablecoin redeemable on a 1:1 foundation for the U.S. greenback constructed for web capital markets, the place capital flows quicker 🧵 pic.twitter.com/A2pBa81eA0
— Solana (@solana) September 1, 2025
The Trumps even have their very own meme cash. These are the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens.
The primary of these two meme cash, TRUMP, has led the market when it comes to 24-hour good points, hovering over 6%, in keeping with CoinMarketCap.
Trump Household Turned To Crypto After Financial institution Blocks
The Trumps’ curiosity in crypto began when banks had been “weaponized” towards them below the Joe Biden administration, in keeping with Eric Trump.
He mentioned that his household was “debanked,” leaving them with no different alternative however to show to DeFi in its place.
President Trump additionally signed an govt order earlier this yr to analyze attainable discrimination by banks towards sure teams of individuals. This consists of crypto stakeholders.
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