The U.S. Military Experiencing an Investment Craze, with Technology Stocks and Cryptocurrency as the Main Investment Targets

2025.12.02 12:09:11

As of December 2, a booming investment culture is taking hold across the U.S. military—turning barracks into a unique "investment club" spanning tech stocks and cryptocurrency. Reports suggest the trend is reshaping service members’ finances: Military base parking lots now boast more Porsches and Hummers, while uniformed social media influencers share get-rich tips with followers. But the phenomenon carries major market risks—outsiders are raising alarms over some soldiers’ high-leverage, concentrated holdings and their financial stability in a downturn. The piece spotlights the high-risk nature of service members’ investing via key cases. Coast Guard Petty Officer Third Class Bryson Saunders is a prime example: He dived into markets after a comrade bragged about Dogecoin profits, then poured money into Bitcoin and meme stocks like GameStop, admitting, "I was trying to punch my ticket." Navy Lieutenant Zach Rodriguez—while deployed on an aircraft carrier in the Pacific—followed peers’ lead and put half his family’s savings (over $100,000) into crypto like Chainlink. He saw asset surges but took a brutal $250,000 hit from crypto scams. Now he calls himself a "bitcoin and chill" investor, holding roughly $1 million in Bitcoin and related company assets. IRS data analysis in the article reveals the U.S. military played a major role in the 2020-2021 crypto market cycle. In 2021, 11 of the top 25 U.S. zip codes with the highest share of individuals reporting crypto receipts or dispositions on tax returns were near military bases. Some military base-area taxpayers reported crypto activity at over four times the national average. (Wall Street View)

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