U.S. Representative Barry Moore secured a victory in the Alabama Republican primary runoff for a United States Senate seat on Tuesday, June 17, 2026. Moore defeated former Navy SEAL Jared Hudson to become the nominee for the seat being vacated by Senator Tommy Tuberville. The win follows an aggressive spending campaign by Fairshake, a cryptocurrency-focused political action committee (PAC), and its affiliated entities.
The Associated Press called the race just before 9:15 p.m. local time on Tuesday. Unofficial results from the Alabama Secretary of State showed Barry Moore finishing with 55.80% of the vote across all 67 counties. Jared Hudson trailed with 44.20% of the vote. This outcome sets Moore up to face Democratic nominee Everett Wess, an attorney, in the general election on November 3, 2026.
Fairshake spokesperson Geoff Vetter identified the Alabama primary as the group’s “biggest spend of the cycle.” The PAC, which is backed by industry heavyweights such as Coinbase and Andreessen Horowitz (a16z), aims to build a pro-crypto caucus within the federal government. Moore first gained national attention for this race after receiving an endorsement from former President Donald Trump in January.
Fairshake and affiliated PACs deploy record funds in Alabama
The financial scale of the intervention by Fairshake and its affiliate, Defend American Jobs, was a defining characteristic of the primary. The groups spent more than $12 million in total to support Barry Moore’s candidacy. This included $7.4 million deployed before the initial May 20 primary and over $4.7 million specifically on media and advertisements leading up to the June runoff.
In addition to Fairshake’s primary contributions, the Fellowship PAC spent $350,000 to support Moore. The Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink, also provided support. These combined efforts helped Moore maintain his momentum after he initially secured nearly 40% of the vote in the May primary, while shaping the 2026 market window for political influence.
Fairshake continues to operate with one of the largest war chests in American politics. The PAC reported having a $193 million war chest in January and approximately $164 million available as of April. Representative Moore’s victory follows a previous success in Texas, where the PAC backed Representative Christian Menefee in a win against a long-standing incumbent in May.
Barry Moore’s record on digital asset legislation
Representative Barry Moore has been a consistent supporter of the digital asset industry during his time in the House. He voted in favor of a stablecoin regulation bill that passed into law last year and has cosponsored legislation to ban a central bank digital currency (CBDC). His record includes introducing a bill to clarify federal money-transmitting laws to protect software developers.
The representative’s personal finances also reflect his interest in the sector. According to 2024 financial disclosures, Moore holds Bitcoin valued between $1,011 and $15,000. These positions align with growing liquidity in digital assets like Bitcoin and XRP, which have become central to the group’s lobbying focus.
Moore’s opponent, Jared Hudson, conceded the race on Tuesday night. Hudson told supporters that his team had made over 94,000 phone calls and visited every county in the state twice during the final three weeks of the campaign. “No matter the outcome of this race win or lose it is God’s will,” Hudson stated as the results were finalized.
Mixed results for crypto-focused political spending
Despite the success in Alabama, the crypto industry’s political outreach has met resistance in other regions. In March, Fairshake reportedly spent millions in a Democratic primary against Illinois Lieutenant Governor Juliana Stratton. Stratton, who is viewed as unfriendly toward the crypto industry, won her primary against pro-crypto Representative Raja Krishnamoorthi.
The Alabama victory reinforces Fairshake’s objective of creating a bloc advocating for crypto-friendly legislation. Former President Donald Trump’s influence remains strong in the state, having won Alabama by 30 points in the 2024 election. Moore’s long-standing support for Trump dates back to 2015, providing a foundation for his current political standing.
Supporters of the industry believe that representatives who understand blockchain technology are essential for future regulatory oversight of crypto markets. Fairshake maintains that it has roughly $150 million in cash remaining to continue its efforts in the 2026 midterm cycle. The group expects to focus on candidates who support innovation as the general election approaches in November.