Cygnal poll: Bitcoin holders have a strong political influence in the USA

Bitcoin ownership is not just a ticket to long-term wealth. Holders are also a growing political constituency in the US political landscape. 

Polling and research by Cygnal shows BTC ownership is also a growing indicator of political convictions and influence. US-based owners are a significant force on both a global scale and as a domestic voting group. 

Crypto dragged Trump across the finish line in 2024

According to Cygnal polling, BTC ownership could predict voting inclinations, with immediate potential results for the 2026 midterms. Its recent poll between June 19-21 targeted a selection of 800 potential voters. 

“The Bitcoin constituency is now a critical one in elections, but there is a wide chasm between Bitcoiners and voters as a whole,” said Pollster and Cygnal President, Brent Buchanan. 

“However, this data offers a lot of promise and opportunity to the Bitcoin community and the innovation industries surrounding it,” he added.

Bitcoiners already showed their preferences during the contested 2024 election, voting 59% in favor of Donald Trump, and only 34% in favor of Kamala Harris, a significant shift from the general voter pool. Trump also won over 11% of Democratic voters who were also BTC holders, compared to 6% of general Democratic voters who switched teams.

The shift in Trump’s direction followed his campaign claims of more lenient crypto policies, which led to a shift in the leadership of the US Securities and Exchange Commission (SEC). The effect of Trump’s election victory and the subsequent drive to liberalize crypto regulations led to multiple all-time highs for BTC, further solidifying the holder ethos. 

Following the emergence of crypto owners as a voting bloc, BTC also shows a clear trend of a growing number of corporations building treasuries, alongside older whales that still hold for the long term. 

Bitcoin holders: leaning Republican, more educated and younger

The voting profile of a Bitcoin holder is emerging as a stronger supporter of Trump than the Republican Party. Nevertheless, holders lean Republican politically. 

Voters owning BTC were younger, predominantly male, with more years of education, and higher-income than the general population. Despite their conviction, Bitcoiners were low-propensity voters, needing a nudge to go to the polls and support their main preferences. 

Bitcoin owners were also 53% likely to vote in person on election day, or cast an early in-person vote, with just 15.5% for absentee or mail voting, compared to 23.8% absentee voting for the general population. Bitcoiners also have a different profile of voting issues, with inflation and the economy being their biggest concern.

Bitcoin holders still diverge from the general GOP voters, with more dramatic support for crypto issues ranging from transactions to a national reserve. Democratic voters are more generally opposed to expanding access to crypto. 

The most supportive crypto holders are in the 30-44 age bracket, with 61% approval for crypto in general. Those voters are also more likely to support Republicans in the upcoming 2026 elections. 

Surprisingly, Bitcoin holders were also not entirely maximalist, with 42% favorable opinion on meme tokens, compared to just 19% favorable for the general population. Memes were also tied to the last election cycle, sparking the trend of PolitiFi and official meme tokens, including Official Trump (TRUMP).

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