Donor
Coinbase
CompanyCalifornia
12 gifts to 6 groups, as reported to the FEC by the groups that received them.
Coinbase gave $28M to super PACs and other outside groups in the 2026 federal elections, and 76% of it helped Republicans (FEC filings through Oct 14, 2026). 27% of the money with a result ended up on the winning side ($2.1M won, $5.6M lost, with $646K in races still being counted).
Gave to outside spenders
$28M
76% of it helped Republicans
Ended up on the winning side
27%
$2.1M
Spent on the losing side
$5.6M
$646K still being counted
Not spent yet
$19M
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
| Group | Gave | How the group spent it | Won / lost |
|---|---|---|---|
| Fairshake No outside spending reported yet | $25M | $1.2M / $4.3M | |
| House Majority PAC | $1.0M | $778K / $5K | |
| Senate Leadership Fund | $1.0M | $38K / $909K | |
| Congressional Leadership Fund No outside spending reported 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.
| Candidate | Race | Spending | Their share | Paid off? |
|---|---|---|---|---|
| Juliana Stratton | Illinois Senate (primary) | Attacking | $3.0M | ✗ No |
| La Shawn Ford | Illinois 7th District (primary) | Attacking | $741K | ✗ No |
| Bryan Steil | Wisconsin 1st District | Supporting | $307K | ✗ No |
| Steven Horsford | Nevada 4th District | Supporting | $307K | ✓ Yes |
| Janelle Bynum | Oregon 5th District | Supporting | $306K | ✓ Yes |
| French Hill | Arkansas 2nd District | Supporting | $305K | Counting |
| Bill Huizenga | Michigan 4th District | Supporting | $305K | ✗ No |
| Derek Tran | California 45th District | Supporting | $304K | ✓ Yes |
| Sherrod Brown | Ohio Senate (special) | Attacking | $265K | ✗ No |
| Robert Peters | Illinois 2nd District (primary) | Attacking | $245K | ✓ Yes |
| Josh Turek | Iowa Senate | Attacking | $139K | ✗ No |
| Abdul El-Sayed | Michigan Senate | Attacking | $132K | ✗ 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 $28M to super PACs and other outside groups in the 2026 federal elections, and 76% of it helped Republicans (FEC filings through Oct 14, 2026). 27% of the money with a result ended up on the winning side ($2.1M won, $5.6M lost, with $646K in races still being counted).
- Which super PACs did Coinbase fund in 2026?
- Fairshake ($25M), House Majority PAC ($1.0M), Senate Leadership Fund ($1.0M), Congressional Leadership Fund ($500K), Bold America ($100K).
- Which candidates did Coinbase's money end up backing or attacking in 2026?
- against Juliana Stratton (Illinois Senate, about $3.0M, lost); against La Shawn Ford (Illinois 7th District, about $741K, lost); for Bryan Steil (Wisconsin 1st District, about $307K, lost). Amounts are the donor's share of each group's spending.