Is 'Twenty One' MicroStrategy's Downfall? | HackerNoon
Briefly

Twenty One Capital represents a groundbreaking shift in how corporate entities interact with Bitcoin by functioning as a Bitcoin-native organization. With a launch of 42,000 Bitcoin worth approximately $4 billion, it becomes the third-largest corporate Bitcoin treasury. Unlike other companies that treat Bitcoin as just a reserve asset, Twenty One aims to use Bitcoin as a medium of exchange, redefining its monetary utility. This approach emphasizes Bitcoin's potential to serve not just as a store of value but also as a functioning currency, setting the stage for new financial paradigms within capital markets.
"Announcing Twenty One: a #Bitcoin-native company and the ultimate vehicle for capital markets to access #Bitcoin. We intend to leverage capital markets to maximize #Bitcoin ownership per share (BPS) & pioneer #Bitcoin-native financial tools."
"Twenty One Capital will be using bitcoin as a medium of exchange. They will be the first publicly-traded company to use Bitcoin as money."
"The counterintuitive insight that drives Twenty One's approach: Bitcoin's true power emerges only when it functions as money, not merely as a financial asset."
"We're not here to beat the market, we're here to build a new one."
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