Crypto super PAC Fairshake and its affiliates Protect Progress and Defend American Jobs spent $154.5 million across 93 midterm election races, with their supported candidates winning 86 and losing seven, according to Crypto in America, as cited by PANews.
The PANews report, published on November 9, 2026, at 11:32:11 a.m. UTC+8, put the groups’ overall win rate at approximately 92%.
How the results broke down
- Primaries: 53 wins and four losses, including an undefeated 28–0 record in Republican primaries.
- General elections: 33 wins and three losses.
The report highlighted Pete Ricketts in Nebraska and Andy Barr in Kentucky among the major Senate victories.
Despite the high overall win rate, the report noted that some large spending efforts did not succeed. The figures describe the results of races in which the groups backed candidates; they do not establish that the spending caused those victories.