The cryptocurrency industry's political action committee, Fairshake, cemented its influence in the 2026 midterm elections with a string of primary victories across three Southern states on Tuesday. The super PAC poured more than $20 million into advertising, primarily supporting Republican candidates in deep-red districts, and celebrated wins in six out of seven races where it intervened, signaling a growing appetite for pro-crypto lawmakers.
In Kentucky, Fairshake spent over $7 million to back U.S. Representative Andy Barr, who easily secured the Republican Senate nomination with more than 60% of the vote to succeed retiring Senate powerhouse Mitch McConnell. Similarly, in Alabama, the PAC's $7.4 million investment propelled Representative Barry Moore to a commanding lead, though Moore fell just short of the 50% threshold needed to avoid a runoff, setting up a continued contest.
Georgia saw the most concentrated spending, with Fairshake focusing on four House seats. In the Democratic primary for the late Representative David Scott's district, the PAC spent $4.2 million to support state lawmaker Jasmine Clark, who dominated a crowded field. That sum exceeded the total raised by all 10 Democratic candidates combined and dwarfed Clark's own campaign fundraising of $1.2 million. Clark's platform explicitly calls for a “smart, clear regulatory framework” for blockchain and cryptocurrencies. The PAC also backed Republican winners in Georgia, including Jim Kingston (52%), Houston Gaines (67%), and incumbent Clay Fuller (81%), who had already won a special election to replace Marjorie Taylor Greene.
Fairshake spokesman Geoff Vetter hailed the “6-0 sweep” as a “clear victory for pro-crypto leaders across the country,” emphasizing a bipartisan mandate from Georgia to Kentucky. While the PAC mostly avoids mentioning cryptocurrency in its ads—instead targeting local political issues—the cumulative $20 million spending underscores the sector's determination to shape a favorable regulatory environment in Washington. The wins follow a rare setback in March, when Fairshake spent over $10 million in an Illinois primary trying to unseat Lt. Gov. Juliana Stratton, who ultimately won her Democratic primary.
