The cryptocurrency industry actively invests in the U.S. midterm elections with substantial funding

On February 16, according to The Hill, after achieving multiple key victories in 2024 and accumulating huge amounts of capital, the cryptocurrency industry is ramping up spending in preparation for the upcoming U.S. midterm elections.

The industry's main super PAC network, Fairshake, had over $193 million in cash on hand in early 2026 and has announced several targets for this election cycle: including supporting Congressman Barry Moore (Republican-Alabama) in the Alabama Senate race, and pushing for the removal of Congressman Al Green (Democrat-Texas) in the House elections.

Following heavy investments in the last U.S. election and claiming victories in at least two high-profile races, this has yielded some early successes for the industry in Congress and significantly elevated the crypto sector’s status in Washington.

The impact of the crypto industry in 2024 is most notable, as it投入了数千万美元，介入多场初选和竞争激烈的选举。According to campaign finance disclosure documents for 2024, the Fairshake super PAC network, including three affiliated groups, spent nearly $180 million in the last cycle.#Gate广场发帖领五万美金红包