Crypto companies have spent $189M so far on 2026 US election cycle: Report
Crypto companies and allied PACs have poured about $189 million into the 2026 U.S. election cycle so far, according to Public Citizen. That figure represents roughly 37% of all corporate contributions tracked in the cycle, with more than four months left before Election Day. Fairshake and its affiliates have spent over $82 million, while MAGA Inc., largely backed by Crypto.com, has spent more than $56 million. Public Citizen says these super PACs are designed to influence both parties’ primaries and general elections based on business interests, not party loyalty. The combined spending already exceeds the crypto industry’s 2024 election outlay of about $170 million. In Colorado primaries, crypto-backed money is also playing a role, including spending by a PAC supported by Ripple co-founder Chris Larsen.
