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- ExtraOrdinal Daily #141 | The Strategic Bitcoin Reserve: The Good, The Bad & The Uncertain
ExtraOrdinal Daily #141 | The Strategic Bitcoin Reserve: The Good, The Bad & The Uncertain
XO Media | ExtraOrdinal Daily
March 07, 2025
7th March 2025 ||| Issue #141
ExtraOrdinals Daily Alpha is brought to you by @ExtraOrdinalsBTC.
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Table of Contents
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Todays Top Stories
Editor: @PhoenixxDown
The Bitcoin Strategic Reserve: The Good, The Bad & The Uncertain
After months of talk, rumors, and speculation, last night, President Trump signed the Executive Order for a Strategic Bitcoin Reserve.
The market’s reaction was a near-perfect 50/50 split between excitement and disappointment, which has since slanted more in the direction of positive now that the dust has settled a little. But before diving into why, let’s break down the actual details.
The order establishes two separate entities:
The Bitcoin Strategic Reserve (SBR): Initially stocked with 200,000 forfeited BTC seized from criminal activity. This reserve will not be sold. More Bitcoin can be acquired through budget-neutral strategies (which is still a vague statement).
The U.S. Digital Asset Stockpile: A separate fund consisting of altcoins, also built from forfeited assets. No additional altcoins will be acquired, and the Treasury will determine what to do with them—meaning they could eventually be sold.
In Plain English:
✅ Bitcoin in the SBR cannot be sold.
✅ More Bitcoin can be acquired.
❌ Altcoins cannot be acquired—only liquidated.
How Did the Market React?
BADLY! The news triggered a panic sell-off, dropping Bitcoin to around $85,000, though it has since recovered to $89,000.
The details of the EO weren’t what the market expected. Many assumed there would be a firm commitment to actively buying Bitcoin, but the order leaves that decision open-ended. Uncertainty is never a market favorite, and today proved that again.
Strategic Reserve established as a commitment to not sell any crypto that has been obtained.
Markets down across-the-board as there’s no commitment to buy anything new.
— Stats (@punk9059)
12:27 AM • Mar 7, 2025
The counterargument here is this doesn’t mean the SBR is now all of a sudden negative news. The market seemed to assume immediate buying, but that was never set in stone—it was left to Senator Lummis to figure out. And it’s not off the table, far from it.
In reality, the market could be committing self-harm over something that never existed.
I find it interesting that people are projecting what they wanted and not what Trump clearly stated he would do regarding a Bitcoin Strategic Reserve. In Nashville he said he’d established a Reserve, not accumulate. He left the accumulation portion to Lummis and the Bitcoin Act.
— Landy (@CryptoLandy)
6:36 AM • Mar 7, 2025
No doubt, though, this is not great news for altcoins. CT is still heavy in alts, light in BTC, and this EO only allows for selling, not buying of altcoins. This has the feel of a VC unlock straight from the depths of hell.
It’s Day 1, though. Let’s see how this plays out in the coming days and whether sentiment shifts. The first-ever White House Crypto Summit is happening later today, with many altcoin founders present. Could be a bit awkward given the developments?
It’s actually pretty funny that Trump got all the crypto and shitcoin bros to get on a plane and fly to DC for the summit just to rug pull them the night before by clearly identifying Bitcoin as the only asset suitable for a national strategic reserve. Classic! 🤣
— Mike Alfred (@mikealfred)
6:02 AM • Mar 7, 2025
In the meantime, here are some reactions—good and bad—so you can decide for yourself if this is terrible news or just overblown:
Exactly as I called it—the Bitcoin strategic reserve was a total nothing burger.
The moment it was signed, BTC tanked even further.
The maxis are going to try to brand this as the US government is buying BTC, but that’s not true at all. The order confirms the gov will hold… x.com/i/web/status/1…
— Jacob King (@JacobKinge)
12:35 AM • Mar 7, 2025
Senator Lummis earlier this year: "We wouldn't have to spend any new dollars. We have reserves at our 12 federal reserve banks including gold certificates that could be converted and then sell them into bitcoin."
THIS IS ALL PART OF THEIR PLAN FOR THE STRATEGIC BITCOIN RESERVE.
— Bitcoin Citadel (@BitcoinCitadelX)
2:40 AM • Mar 7, 2025
The strategic reserve is being built with SEIZED Bitcoin.
If you don’t think privacy is CRITICAL right now, then you need to wake up.
Don’t forget 1933.
— Heidi (@blockchainchick)
1:53 AM • Mar 7, 2025
I encourage you to read the announcement of the Strategic Bitcoin Reserve. Key points:
- BTC in reserve won't be sold
- Shitcoins in digital assets "stockpile" can be sold
- Treasury can suggest budget neutral ways of increasing BTC in reserve... (Aka sell shitcoins & gold!)— Vijay Boyapati (@real_vijay)
3:50 AM • Mar 7, 2025
So the only way into the reserve is to have your token involved in / seized as part of crime ?
— DCF GOD (@dcfgod)
1:31 AM • Mar 7, 2025
many seem to be significantly downplaying the second-order effects of Trump's establishment of a Strategic Bitcoin Reserve and its implications for the entire crypto ecosystem
- it is now clear that $18 billion worth of $BTC held by the U.S. government, along with any future BTC… x.com/i/web/status/1…
— Unipcs (aka 'Bonk Guy') 🎒 (@theunipcs)
11:12 AM • Mar 7, 2025
Top Posts | In Just a Few Hours, We’ll Be Live For XO Weekly #9. Don’t Miss It!
🎙️Get Ready for XO Weekly #9!
Special Guest @theonlyposted from @LiquidiumFi!
We'll be diving into:
🔶 Liquidium's new Instant loans feature, $LIQ, + Q&A
🗞️ This week's news
📉 Market insights w/ @CryptoLandy
Drop your questions below! 👇x.com/i/spaces/1PlKQ…
— ExtraOrdinals (@ExtraordinalBTC)
12:00 PM • Mar 6, 2025
Top Posts | SBF Interviewed By Tucker Carlson. Headline News On Any Other Day
Sam Bankman-Fried is doing 25 years behind bars, and is now sharing a cell block with Diddy. He joins us from prison for an update on his new life.
(0:00) What Has Prison Been Like?
(2:28) Was SBF Ever on Adderall?
(4:42) SBF Meeting Diddy in Prison
(7:01) How Prison Has Changed… x.com/i/web/status/1…— Tucker Carlson (@TuckerCarlson)
6:01 PM • Mar 6, 2025
Top Posts | Texas, the World’s 8th Largest Economy, Passes Strategic Bitcoin Reserve Legislation
🇺🇸 TEXAS STRATEGIC #BITCOIN RESERVE BILL PASSES THE SENATE
IT’S HAPPENING!!!
— Vivek⚡️ (@Vivek4real_)
6:41 PM • Mar 6, 2025
Top Posts | You Can Now Track/Copy Trade the U.S Government Via Arkham
US Government can now be tracked on @arkham.
— XBTResearch (@xbt_research)
9:14 AM • Mar 7, 2025
Top Posts | “Freedom for yourself and your loved ones should be your #1 priority.”
Freedom for yourself and your loves ones should be your #1 priority.
Not chasing the false sense of security.
Not blaming outside circumstances for your failures.
Not prioritizing comfort over growth.
Not playing status games.Freedom is the fundamental building block upon… x.com/i/web/status/1…
— Limitless | Bitmap Emporium🟧👽 (@limitlesssauce)
7:51 AM • Mar 7, 2025
Top Posts | The Mint Date For BTC Jeets Has Been Announced
Where? @MEonBTC
Wen? March 10th
Mint Price? 🕥 (Jeet Budget Friendly)
— BTC Jeets (@JeetsOnBTC)
11:46 PM • Mar 6, 2025
Top Posts | Manifest It. Bitcoin Memecoin Supercycle.
Bitcoin memecoin supercycle
— Slingshot (@SlingshotCrypto)
4:15 PM • Mar 6, 2025
Top Posts | BrandonMarshall.btc Posted At Udi For a Year Straight—Gets Rewarded With a Free Taproot Wizard 👏
i tweeted this monthly thread exactly one year ago.
over 5,400 replies later, blasting my notifications every single day, replies are now finally locked
the last reply is from @marshallmixing, who replied EVERY DAY, 365 days without fail.
he will receive a free taproot wizard.
— Udi | BIP-420 🐱 (@udiWertheimer)
5:22 PM • Mar 6, 2025
Daily Bites: Today’s Top Articles
Todays Markets
Ordinals
Not much has changed from yesterday—or the day before, for that matter. Prices across the top collections are holding steady or boringly static, depending on your perspective.
Idiots is still minting, now at 81% completion, with just under 2,000 left. One would assume we’ll see either a sell-out or team intervention over the weekend.
Bitcoin Frogs dropped 10% after yesterday’s China-fueled buying frenzy, while Runestone got a nice 8% boost. Bitmap, despite catching some fresh interest on socials again, is down 8% instead.
All a bit boring still, though. However, Wale summed things up well regarding Ethereum NFT collections, and the same logic applies to Ordinals here:
Trading volume of NFTs is really low atm.
Outside of the top 5 most traded projects, no NFT collection did more than $50k USD volume in the last 24 hours, feels like the lowest it has been in a long time.
Doodles didn't have a single sale in 21 hours.
Perhaps people are… x.com/i/web/status/1…
— wale.moca 🐳 (@waleswoosh)
3:25 PM • Mar 6, 2025
Runes (Bitcoin Memecoins)
Not a great day for OdinFun holders—everything in the top five is down 14-25%, except $BITCAT, which doesn’t care for the panic and is up 7%.
Meanwhile, newer microcaps that once showed promise got absolutely obliterated yesterday. Is now the time to shift into more established, higher-cap tokens, or are there a few hidden gems that could rise from the dead?
Hardly anything to cheer about for OG Runes either, with most of the gains from the past few days completely erased.
The most interesting (or concerning) bit of news? The fake $DOG (GoToTheMQQN) is back in the top 10. Who keeps buying this?! Lord have mercy, please say it’s washed volume.
Todays Opportunities
Giveaways
There are currently no raffles taking place today, but check back tomorrow for what’s next so you don’t miss out.
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