OpenAI · U.S. · Federal Reserve (FED) · Bitcoin Magazine
Crypto Firms Lead $517 Million Corporate Surge Into 2026 Midterms
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Crypto companies have become the largest corporate political spenders in the 2026 U.S. midterms, contributing $189 million so far.
Key facts
- OpenAI president Greg Brockman and his wife Anna gave $25 million to MAGA Inc
- The primary crypto-aligned vehicle, Fairshake, has received $82.6 million in corporate contributions this cycle, 60% of its $135 million total
- Cryptocurrency companies have become the single largest corporate political spenders in the United States, pouring $189 million into the 2026 midterm elections, more than they spent during the entire
- The crypto sector accounts for 37% of the $517 million that corporations have reported spending on the 2026 midterms so far, a figure that already surpasses the previous record of $461 million set
Summary
Cryptocurrency companies have become the single largest corporate political spenders in the United States, pouring $189 million into the 2026 midterm elections, more than they spent during the entire 2024 election cycle, according to a new report from the consumer advocacy group Public Citizen. The crypto sector accounts for 37% of the $517 million that corporations have reported spending on the 2026 midterms so far, a figure that already surpasses the previous record of $461 million set during the full 2024 cycle. The report, authored by Public Citizen researcher Rick Claypool and published June 30, draws on Federal Election Commission data and finds that corporations have now spent nearly one third of the $1.58 billion in total corporate election spending since the Supreme Court’s 2010 Citizens United decision, all in a single election cycle.