The post Eric Trump Clarifies Ties in Asia Other Than Metaplanet, MTPLF Stock Slips appeared on BitcoinEthereumNews.com. Eric Trump, US President Donald Trump’s son, on Monday clarified his allegiance to Metaplanet only in the Asian region. The move comes in response to rumors stirring about his involvement in another company in Asia amid his visit to the region. Eric Trump Clarifies Commitment to Metaplanet Only Eric Trump took to the X platform on September 8 to clarify that he is involved only with Metaplanet, aka Asia’s Strategy. He said Bitcoin treasury firm “Metaplanet is the only company I am aligned with in the region.” His photo with the president of ABC (formerly GFA) was circulated in Japan’s investment community. The speculation of Eric’s ties with ABC triggered a rise in the stock price of the firm. It is believed that foreign investors saw this photo and purchased ABC, believing it would definitely skyrocket. Eric Trump with ABC President. Source: X On Monday, GFA stock tumbled more than 17.79% to 462 JPY after Eric denied any involvement with the firm. The 24-hour low and high are 462 JPY and 630 JPY. He said: “I don’t know who this is, nor do I have ANY involvement in this company. This was a picture from a conference when I was in Asia. If someone is representing that I’m involved in this company, let me be clear – I am not.” Eric Trump was earlier appointed as strategic advisor to Metaplanet, Japan’s largest corporate holder of Bitcoin. He also attended Metaplanet’s shareholder meeting last week. Today, Metaplanet increased its total Bitcoin holdings to 20,136 BTC. The firm purchased 136 BTC for $15.2 million at an average price of $111,783 per BTC. Metaplanet and MTPLF Stocks Slump At the time of writing, Metaplanet stock closed more than 2.96% lower at 688 JPY. The stock continues its decline amid heavy short positions by… The post Eric Trump Clarifies Ties in Asia Other Than Metaplanet, MTPLF Stock Slips appeared on BitcoinEthereumNews.com. Eric Trump, US President Donald Trump’s son, on Monday clarified his allegiance to Metaplanet only in the Asian region. The move comes in response to rumors stirring about his involvement in another company in Asia amid his visit to the region. Eric Trump Clarifies Commitment to Metaplanet Only Eric Trump took to the X platform on September 8 to clarify that he is involved only with Metaplanet, aka Asia’s Strategy. He said Bitcoin treasury firm “Metaplanet is the only company I am aligned with in the region.” His photo with the president of ABC (formerly GFA) was circulated in Japan’s investment community. The speculation of Eric’s ties with ABC triggered a rise in the stock price of the firm. It is believed that foreign investors saw this photo and purchased ABC, believing it would definitely skyrocket. Eric Trump with ABC President. Source: X On Monday, GFA stock tumbled more than 17.79% to 462 JPY after Eric denied any involvement with the firm. The 24-hour low and high are 462 JPY and 630 JPY. He said: “I don’t know who this is, nor do I have ANY involvement in this company. This was a picture from a conference when I was in Asia. If someone is representing that I’m involved in this company, let me be clear – I am not.” Eric Trump was earlier appointed as strategic advisor to Metaplanet, Japan’s largest corporate holder of Bitcoin. He also attended Metaplanet’s shareholder meeting last week. Today, Metaplanet increased its total Bitcoin holdings to 20,136 BTC. The firm purchased 136 BTC for $15.2 million at an average price of $111,783 per BTC. Metaplanet and MTPLF Stocks Slump At the time of writing, Metaplanet stock closed more than 2.96% lower at 688 JPY. The stock continues its decline amid heavy short positions by…

Eric Trump Clarifies Ties in Asia Other Than Metaplanet, MTPLF Stock Slips

2025/09/08 13:26
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Eric Trump, US President Donald Trump’s son, on Monday clarified his allegiance to Metaplanet only in the Asian region. The move comes in response to rumors stirring about his involvement in another company in Asia amid his visit to the region.

Eric Trump Clarifies Commitment to Metaplanet Only

Eric Trump took to the X platform on September 8 to clarify that he is involved only with Metaplanet, aka Asia’s Strategy. He said Bitcoin treasury firm “Metaplanet is the only company I am aligned with in the region.”

His photo with the president of ABC (formerly GFA) was circulated in Japan’s investment community. The speculation of Eric’s ties with ABC triggered a rise in the stock price of the firm. It is believed that foreign investors saw this photo and purchased ABC, believing it would definitely skyrocket.

Eric Trump with ABC President. Source: X

On Monday, GFA stock tumbled more than 17.79% to 462 JPY after Eric denied any involvement with the firm. The 24-hour low and high are 462 JPY and 630 JPY. He said:

“I don’t know who this is, nor do I have ANY involvement in this company. This was a picture from a conference when I was in Asia. If someone is representing that I’m involved in this company, let me be clear – I am not.”

Eric Trump was earlier appointed as strategic advisor to Metaplanet, Japan’s largest corporate holder of Bitcoin. He also attended Metaplanet’s shareholder meeting last week.

Today, Metaplanet increased its total Bitcoin holdings to 20,136 BTC. The firm purchased 136 BTC for $15.2 million at an average price of $111,783 per BTC.

Metaplanet and MTPLF Stocks Slump

At the time of writing, Metaplanet stock closed more than 2.96% lower at 688 JPY. The stock continues its decline amid heavy short positions by institutions. As per Yahoo Finance, the stock has dropped 31% in a month, reducing the year-to-date (YTD) return to nearly 97%.

Metaplanet Stock in the Daily Timeframe. Source: TradingView

Meanwhile, MTPLF stock is also under selling pressure as it closed 1.62% lower at $4.855 last week. It is down 30% in a month and up 108% YTD.

The uncertainty surrounding Bitcoin price performance amid macro factors and institutional shift to altcoins has plunged prices. BTC price is trading at $110,979, 3.4% higher in a week.

Varinder Singh

Varinder is a seasoned leader in the fintech and crypto media with over 12 years of experience, including over 6 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 5000 news articles and papers.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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Source: https://coingape.com/eric-trump-clarifies-ties-in-asia-other-than-metaplanet-mtplf-stock-slips/

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