Donor
Coinbase
CompanyCalifornia
14 gifts to 7 groups, as reported to the FEC by the groups that received them.
Coinbase gave $29M to super PACs and other outside groups in the 2026 federal elections, and 74% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 28% ended up on the winning side ($1.9M won, $4.9M lost, with $593K in races still being counted).
Gave to outside spenders
$29M
74% of it helped Republicans
Ended up on the winning side
28%
$1.9M of the dollars in races already called
Spent on the losing side
$4.9M
$593K still being counted
Not spent yet
$21M
Sitting with groups that have not spent
Where the cheques went
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Fairshake $20M not spent yet | $25M | $976K / $3.6M | |
| House Majority PAC | $1.0M | $778K / $5K | |
| Senate Majority PAC No outside spending reported yet | $1.0M | $0 / $0 | |
| Senate Leadership Fund $94K not spent yet | $1.0M | $35K / $824K | |
| Congressional Leadership Fund $65K not spent yet | $500K | $1K / $381K | |
| Bold America | $100K | $40K / $26K | |
| Rolling Sea Action Fund | $75K | $45K / $19K |
The trail
What the money bought
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Juliana Stratton | Illinois Senate (primary) | Attacking | $2.5M | ✗ No |
| La Shawn Ford | Illinois 7th District (primary) | Attacking | $625K | ✗ No |
| Bryan Steil | Wisconsin 1st District | Supporting | $259K | ✗ No |
| Steven Horsford | Nevada 4th District | Supporting | $259K | ✓ Yes |
| Janelle Bynum | Oregon 5th District | Supporting | $258K | ✓ Yes |
| French Hill | Arkansas 2nd District | Supporting | $257K | Counting |
| Bill Huizenga | Michigan 4th District | Supporting | $257K | ✗ No |
| Derek Tran | California 45th District | Supporting | $256K | ✓ Yes |
| Sherrod Brown | Ohio Senate (special) | Attacking | $240K | ✗ No |
| Robert Peters | Illinois 2nd District (primary) | Attacking | $206K | ✓ Yes |
| Josh Turek | Iowa Senate | Attacking | $126K | ✗ No |
| Abdul El-Sayed | Michigan Senate | Attacking | $119K | ✗ No |
Company as classified from the FEC entity type and public reporting.
Questions people ask
- How much did Coinbase spend on the 2026 elections, and did it win?
- Coinbase gave $29M to super PACs and other outside groups in the 2026 federal elections, and 74% of it helped Republicans (FEC filings through Oct 14, 2026). Counting dollars, not candidates, and only races already called, 28% ended up on the winning side ($1.9M won, $4.9M lost, with $593K in races still being counted).
- Which super PACs did Coinbase fund in 2026?
- Fairshake ($25M), House Majority PAC ($1.0M), Senate Majority PAC ($1.0M), Senate Leadership Fund ($1.0M), Congressional Leadership Fund ($500K).
- Which candidates did Coinbase's money end up backing or attacking in 2026?
- against Juliana Stratton (Illinois Senate, about $2.5M, lost); against La Shawn Ford (Illinois 7th District, about $625K, lost); for Bryan Steil (Wisconsin 1st District, about $259K, lost). Amounts are the donor's share of each group's spending.