From Yahoo Finance: 2025-04-24 12:57:00

A new rival to Michael Saylor’s bitcoin buying strategy emerges, with Twenty One holding nearly $4 billion BTC on its balance sheet. Analysts see it as a bullish sign and the third-largest publicly held bitcoin treasury. The move could convert skeptics into believers and increase demand for bitcoin.

TD Cowen analysts remain bullish on MSTR, projecting the company to hold 757,000 BTC by 2027, worth $129 billion if bitcoin hits $170,000 average price. The rivalry has already positively impacted the market, with CEP shares climbing 130% and MSTR stocks holding strong since the announcement.

The launch of Twenty One as a competitor to Saylor’s Strategy could validate bitcoin treasury operations and attract more capital into buying bitcoin. This move may convert institutional investors into believers and increase demand for bitcoin from high-profile entrants, outweighing any pressure on Strategy’s cost of capital.



Read more at Yahoo Finance: Strategy Stock Could Climb as New Rival Twenty One Validates Its Bitcoin Strategy