The U.S. military has seen a surge in investment interest, with technology stocks and Crypto Assets being the main investment directions.

On December 2, according to The Wall Street Journal, a strong culture of investment is sweeping the U.S. military. From tech stocks to crypto assets, military camps are becoming a unique “investment club.” The report states that this trend is significantly changing the financial situation of servicemen. The number of Porsches and Hummers in military base parking lots is increasing, and social media influencers in military uniforms are teaching their followers how to get rich. However, this phenomenon also comes with significant market risks, as some servicemen's high leverage and concentrated holdings strategies have raised concerns about their financial situations during market reversals. The article showcases the high risks of military investment through several cases. The story of Coast Guard Petty Officer Bryson Saunders is quite representative. He got on board after hearing his comrades brag about making money on DOGE, subsequently investing in Bitcoin and Meme stocks like GameStop, stating, “I was trying to punch my ticket.” Navy Major Zach Rodriguez, influenced by his peers while cruising the Pacific on an aircraft carrier, invested half of his family's savings (over $100,000) into crypto assets like Chainlink. He has experienced soaring assets but also suffered a painful loss of $250,000 due to crypto scams. Now, he describes himself as a “bitcoin and chill” investor, holding about $1 million worth of Bitcoin and related company assets. The article analyzes IRS data and finds that the U.S. military played a significant role in the crypto market cycle from 2020 to 2021. Data shows that in 2021, among the top 25 U.S. zip codes with the highest rate of individual income tax filings reporting crypto asset receipts or disposals, 11 were located around military bases. The participation rate of taxpayers in some military bases is more than four times the national average.