Yet, Fairshake, its primary vehicle for the campaign, has become the largest single-issue super PAC in history. Last week, Coinbase committed $25 million, and Andreessen Horowitz pledged an additional $23 million, adding to $30 million leftover from this cycle. Of the $135 million, a little more than 60% has been spent to support Republican candidates or to oppose Democrats. Protect Progress spent $1 million to back Michigan Democratic incumbent Representative Shri Thanedar, who won with more than 68% of the vote reported so far. His Democratic opponent, Jacky Rosen, also nods to the industry on her campaign page.Votes in that race are still being counted.

Source: Economic Times November 08, 2024 14:50 UTC