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 $1.2M, lost); against La Shawn Ford (Illinois 7th District, about $306K, lost); against Sherrod Brown (Ohio Senate (special), about $168K, lost). Amounts are the donor's share of each group's spending.

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Donor

Coinbase

Company

California

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

Backed losers

Coinbase gave $29M to super PACs and other outside groups in the 2026 federal elections, and 50% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 32% were on the winning side ($1.3M won, $2.8M lost, with $307K in races still being counted). $124K had no matched result and is excluded.

Gave to outside spenders

$29M

50% of it helped Republicans

Winning share of scored dollars

32%

$4.1M scored (14% of gifts)

Spent on the losing side

$2.8M

$307K still being counted

Not allocated or result unknown

$24M

$24M not allocated to tracked outside spending; $124K has no matched result. Neither is cash on hand.

Where the checks 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 check 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

Group	Gave	Won / lost
Fairshake $23M not allocated to tracked outside spending	$25M	$377K / $1.8M
House Majority PAC $56K not allocated to tracked outside spending	$1.0M	$829K / $5K
Senate Majority PAC $1.0M not allocated to tracked outside spending	$1.0M	$0 / $0
Senate Leadership Fund $361K not allocated to tracked outside spending	$1.0M	$24K / $581K
Congressional Leadership Fund $75K not allocated to tracked outside spending	$500K	$1K / $405K
Bold America	$100K	$43K / $26K
Rolling Sea Action Fund $3K not allocated to tracked outside spending	$75K	$43K / $18K

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.

Candidate	Race	Spending	Their share	Paid off?
Juliana Stratton	Illinois Senate (primary)	Attacking	$1.2M	✗ No
La Shawn Ford	Illinois 7th District (primary)	Attacking	$306K	✗ No
Sherrod Brown	Ohio Senate (special)	Attacking	$168K	✗ No
Steven Horsford	Nevada 4th District	Supporting	$128K	✓ Yes
Janelle Bynum	Oregon 5th District	Supporting	$127K	✓ Yes
Bryan Steil	Wisconsin 1st District	Supporting	$127K	✗ No
French Hill	Arkansas 2nd District	Supporting	$126K	Counting
Bill Huizenga	Michigan 4th District	Supporting	$126K	✗ No
Derek Tran	California 45th District	Supporting	$125K	✓ Yes
Robert Peters	Illinois 2nd District (primary)	Attacking	$101K	Unknown
Josh Turek	Iowa Senate	Attacking	$88K	✗ No
Abdul El-Sayed	Michigan Senate	Attacking	$84K	✗ 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 50% of it helped Republicans (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 32% were on the winning side ($1.3M won, $2.8M lost, with $307K in races still being counted). $124K had no matched result and is excluded.
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 $1.2M, lost); against La Shawn Ford (Illinois 7th District, about $306K, lost); against Sherrod Brown (Ohio Senate (special), about $168K, lost). Amounts are the donor's share of each group's spending.