They are made to piggyback two sheaths one another. The Companion type sheath has a keyhole slot on the belt loop to slide over a larger button (shirt, coveralls, etc.) and lock on.
New to me. I’ve seen that and used the sheath “button” for retention with paracord and I’ve also cut it off. Not sure why I would want to piggyback more than one knife/sheath.
On a side note, good choice on the carbon steel. I much prefer it’s edge qualities unless rust is an issue.
The new moras are cheap and readily available and quite good quality and edge geometry.
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