After Adding 5,000 BTC to Its Balance Sheet, Metaplanet Enlists David Bailey to Join Advisory Board

After adding 5,000 BTC to its balance sheet, Metaplanet is assembling an A-list team to steer its Bitcoin accumulation ambitions.

Tokyo-based Web3 company Metaplanet has appointed BTC Inc. CEO David Bailey to its Strategic Board of Advisors, as disclosed in a press release. The appointment comes into effect immediately.

Known as the parent company of Bitcoin Magazine and the organizer of the Bitcoin conference, BTC Inc. is a prominent name in the Bitcoin ecosystem. In his role at BTC Inc., Bailey has been a vocal advocate for the Bitcoin community.

“This appointment represents another important step in Metaplanet’s continued mission to drive Bitcoin adoption and strengthen its position as a global leader in the Bitcoin economy,” the statement reads.

The new board member will join Donald Trump’s son, Eric Trump, on the Strategic Board of Advisors. As reported by BTC Headlines, Eric Trump joined the Board in March, with Metaplanet promising to bolster its ranks in the coming weeks.

“We are honored to welcome David Bailey as the second member of our Strategic Board of Advisors,” said Metaplanet CEO Simon Gerovich.

Since launching its Bitcoin accumulation journey a year ago, Metaplanet has acquired 5,000 BTC. Following Bailey’s appointment, the Tokyo-based company will double down on its Bitcoin accumulation trend.

Both Bailey and Eric Trump will be providing advisory services to Metaplanet in its quest to improve Bitcoin adoption. Bailey expressed excitement over his appointment, adding that he will be deploying his experience to bring BTC to the capital markets.

A background check on Bailey shows a streak of shaping positive Bitcoin narratives, key angles in Metaplanet’s bid. Fellow board member Eric Trump’s experience in brand development and real estate will be a pivotal element for the company.

As reported, Eric Trump has confirmed that Bitcoin and other cryptocurrencies will be accepted in Trump Tower Dubai. Moreover, Metaplanet will be banking on Eric Trump’s media influence and Bailey’s real-world experience in framing discourse around BTC.

Metaplanet is also mirroring MicroStrategy’s BTC accumulation play with both firms recording a combined $5.1 billion gain from Bitcoin holdings in 2025.