Over 250 U.S. Listed Companies Add Cryptocurrencies to Balance Sheets in 2024

More than 250 U.S. listed companies have begun holding cryptocurrencies on their balance sheets this year as President Donald Trump publicly embraces digital assets, the New York Times reports. Trump has called himself the "first crypto president," rolled back earlier strict oversight after taking office, supported pro-crypto legislation, and launched a memecoin named TRUMP. These moves have pushed the once-marginal crypto industry into the core of the U.S. financial system, with some newly listed firms lacking mature businesses and instead focusing on accumulating Bitcoin and other tokens. Analysts quoted in the report said Trump's policies are channeling crypto-related risk into the stock market, increasing investors' exposure to volatility as corporate structures become more crypto-focused.