Crypto, AI and Betting Money Surge Ahead of 2026 US Midterms

NewsThu, 20 Aug 2026 20:09:40 UTC6 hours ago
Crypto, AI and Betting Money Surge Ahead of 2026 US Midterms

Companies tied to crypto, artificial intelligence and betting are pouring money into the 2026 US midterm elections, with spending already outpacing the previous cycle.

Corporate groups spent $517 million on House and Senate races through March, according to Reuters, exceeding the full 2024 record. The surge shows how emerging industries are becoming bigger players in US politics ahead of the November elections.

Crypto Leads the New Spending

Crypto, technology and online gaming companies contributed at least $294 million to the 2026 election cycle, according to Public Citizen.

Crypto groups have built a bipartisan political network through super PACs and affiliated organizations. Fairshake began 2026 with $193 million and still has about $130 million available for the midterms.

Related: Could Japan’s Rising Bond Yields Trigger Bitcoin’s Next Sell-Off?

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