U.S. Military Forms Potentially Deadliest Investment Club Profiting from Tech Stocks and Cryptocurrencies
U.S. military personnel are reportedly forming the "deadliest investment club in the world," profiting from technology stocks and cryptocurrencies like Bitcoin, according to The Wall Street Journal
Source RBC
The report states that servicemembers trade in lesser-known cryptocurrencies, and military base parking lots are filled with new Porsche and Humvee vehicles as crypto markets reach new peaks. Some military members also act as influencers, sharing ways for followers to get rich.
The story highlights Captain Gordon McCallo of the U.S. Space Force, a flight test engineer whose colleagues monitored stock market surges on the ground while he was airborne, even sharing rapid news about Google stock soaring in a group chat.