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Crypto and AI super PACs spent $250M in 2026 midterms, but lost 9/12
Crypto and AI super PACs spent $250M in 2026 midterms, but lost 9/12 competitive races called so far, spending $74.7M on losing candidates and $28.3M on winners
TL;DRCrypto and AI groups spent $250M on midterms but won only 3 of 12 competitive races tracked.
Why it matters: Tech industry's massive political spending shows limited ROI, suggesting regulation may proceed without industry-preferred lawmakers.
Crypto and AI companies spent $250 million in the midterms in hopes of picking the lawmakers who will decide how — or whether — their industries will be regulated.
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