Crypto companies have spent $189M so far on 2026 US election cycle: Report

The crypto industry, big tech and gambling interest groups are betting big on politicians in the 2026 primaries and elections, with almost $300 million shelled out so far.

The US consumer advocacy group Public Citizen on Tuesday reported that the cryptocurrency industry had contributed $189 million toward the 2026 election cycle, following its 2024 playbook.

According to a report released Tuesday, the nonprofit organization said that about 37% of all corporate contributions in the 2026 US election cycle could be traced to crypto companies, totaling about $189 million so far, with more than four months until the November election.

While the watchdog group said that the crypto-aligned political action committee (PAC) Fairshake was responsible for spending more than $82 million so far, the MAGA Inc. Super PAC, largely backed by Crypto.com, had spent more than $56 million.