Cryptocurrency companies have spent $189 million to influence the 2026 US midterm elections, surpassing their expenditure levels during the previous 2024 election cycle.
The figure comes from a new report by Public Citizen, a consumer advocacy group that tracks political spending and corporate influence in Washington.
Fairshake, a major super PAC dedicated to supporting pro-crypto candidates, has received $82 million in donations this cycle alone, according to the report.
The surge in political capital underscores the industry’s growing determination to shape the regulatory landscape.
Fairshake, a major super PAC dedicated to supporting pro-crypto candidates, has received $82 million in donations this cycle alone, according to the report.
This concentrated spending reflects a strategic shift from general awareness campaigns to targeted electoral support for lawmakers who favor digital-asset innovation.
For investors, the scale of this expenditure signals that the crypto sector is treating the upcoming elections as a critical juncture for policy stability.