According to @MilkRoadDaily, 21 Capital is generating buzz for its ambition to become the next MicroStrategy ($MSTR) in the crypto space. Their strategy focuses on 'purity,' which sets them apart from competitors like @Strategy. This approach could influence trading strategies and market positions as investors evaluate the potential of 21 Capital's unique edge in the cryptocurrency markets.

According to Milk Road, 21 Capital plans to initially hold $4 billion in Bitcoin ($BTC) in their treasury, aiming to grow this by increasing revenues and taking on debt. This strategy is designed to enhance the value of each share over time as the treasury's Bitcoin holdings expand.

According to Farside Investors, Tether, Cantor, and Softbank are collaborating to launch a new entity named 21 Capital, which aims to compete directly with MicroStrategy ($MSTR). This strategic move could impact trading dynamics by offering a new vehicle for cryptocurrency investments. This development is significant for traders considering diversification opportunities in crypto-backed assets (source: ft.com).