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Donor

Coinbase

Company

California

14 gifts to 7 groups, as reported to the FEC by the groups that received them.

Loser

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

A company giving straight from its treasury, which super PACs may accept. Each gift is split the way the group that received it split its spending between winners and losers, so a $10M cheque to a group that spent 80% on losers counts as $8M on the losing side.
✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched
GroupGaveHow the group spent itWon / 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

The candidates Coinbase's money was spent for or against, pro-rated by Coinbase's share of each group's funding.
CandidateRaceSpendingTheir sharePaid off?
Juliana StrattonIllinois Senate (primary)Attacking$2.5M✗ No
La Shawn FordIllinois 7th District (primary)Attacking$625K✗ No
Bryan SteilWisconsin 1st DistrictSupporting$259K✗ No
Steven HorsfordNevada 4th DistrictSupporting$259K✓ Yes
Janelle BynumOregon 5th DistrictSupporting$258K✓ Yes
French HillArkansas 2nd DistrictSupporting$257KCounting
Bill HuizengaMichigan 4th DistrictSupporting$257K✗ No
Derek TranCalifornia 45th DistrictSupporting$256K✓ Yes
Sherrod BrownOhio Senate (special)Attacking$240K✗ No
Robert PetersIllinois 2nd District (primary)Attacking$206K✓ Yes
Josh TurekIowa SenateAttacking$126K✗ No
Abdul El-SayedMichigan SenateAttacking$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.