Stocks, Bitcoin and More: Unusual Ways Americans Are Planning to Use Their $600 ‘Stimmy’

Stimulus checks will provide a financial lifeline to millions of Americans, as they reel from the economic devastation brought on by the Covid-19 pandemic.

But some recipients have kept their jobs and income, and are able to cover critical monthly expenses such as rent, utility bills and debt payments. For them, the $600 checks represent an opportunity to boost their savings, spend on non-essential goods or buy stocks. On TikTok, where young investors have turned for investment advice, videos on how to turn your “stimmy” into thousands of dollars are making the rounds.