[Trump's Support for Cryptocurrency Drives Numerous Companies into the Stock Market and Increases Market Risk] December 17 news: As U.S. President Trump openly embraces cryptocurrency, his policies and personal statements have altered the structure of the U.S. capital market. Trump, calling himself the 'first crypto president,' ended strict regulation of the crypto industry after taking office, promoted pro-crypto legislation, and publicly endorsed crypto investments, even launching a meme coin called TRUMP. Against this backdrop, over 250 publicly listed companies this year have begun incorporating cryptocurrencies into their balance sheets, attracting investors by hoarding digital assets like Bitcoin. Some companies lacking mature core businesses have shifted their primary model to holding crypto assets, causing crypto risks to spread to a broader range of investors through the stock market under Trump's policies, prompting investors to bear higher volatility and valuation risks.