The cryptocurrency industry has invested $189 million in political donations during the 2026 U.S. election cycle, according to a report by Public Citizen. This figure represents approximately 37% of all corporate political contributions, with four months remaining until the November elections. The Fairshake political action committee (PAC), supported by companies like Coinbase and Ripple, has spent over $82 million, while the MAGA Inc. Super PAC, backed by Crypto.com, has expended more than $56 million. Public Citizen notes that these PACs prioritize the interests of their commercial supporters over political parties or candidates. The industry's political spending in 2026 has already surpassed the $170 million spent in the entire 2024 cycle.