The Nasdaq Composite fell 5.5% on November 5, 2026, amid investor concerns that Democratic control of Congress following the midterm elections would slow artificial intelligence data center expansion

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Cryptocurrency and equities markets experienced a selloff following the November 3, 2026 U.S. midterm elections, with analysts attributing Bitcoin's 5.6% decline on November 5 to the Democratic sweep of Congress and doubts over artificial intelligence spending

Analysts stated that the blue wave in Texas following the November 3, 2026 U.S. midterm elections could result in slowed development across the state's bitcoin mining facilities and data centers

Congress enacted less than 1% of the federal budget savings identified by the Department of Government Efficiency (DOGE)

According to CoinMarketCap data reported by Reuters, the WLFI governance token fell approximately 10% following the November 2026 U.S. midterm elections and dropped over 60% in 2026

The TRUMP and MELANIA meme coins fell to record lows after the Democratic Party won seats in the November 2026 U.S. midterm elections

Core Scientific maintains a long-term colocation contract with CoreWeave covering approximately 590 megawatts of IT capacity

Core Scientific established an agreement with AMD covering 530 megawatts of capacity across five campuses, with full delivery targeted by year-end 2028

Core Scientific recorded $215.4 million in colocation revenue for Q3 2026, a 60% sequential increase accounting for over 92% of its $232.9 million total quarterly revenue

Chief Financial Officer Jim Nygaard said Core Scientific will transition into a pure-play high-density colocation provider for high-performance computing and AI workloads starting in 2027

Gains by Democratic candidates in the 2026 U.S. midterm elections increased political scrutiny surrounding data-center expansion and regional electricity costs

Core Scientific was billing for 485 megawatts of colocation capacity as of September 30, 2026, generating over $700 million in annualized GAAP revenue

Riot Platforms signed a 20-year lease for 191 megawatts of IT capacity with an AI laboratory, projecting $9.1 billion in total contract revenue

Local opposition to data-center developments stems from concerns over rising household electricity bills and resource demands on local electrical grids

HIVE Digital began winding down Bitcoin mining operations in Sweden to expand artificial intelligence and high-performance computing infrastructure in Canada

At least 35 EH/s of hash rate computing power is scheduled to be retired by publicly listed Bitcoin miners transitioning toward AI infrastructure

The U.S. midterm elections on November 3, 2026 will determine the composition of the next Congress responsible for potentially revisiting cryptocurrency legislation

The proposed CLARITY Act, which could provide statutory certainty for governance tokens beyond SEC staff guidance, failed to advance in Congress in September 2026

The Fairshake super PAC and its affiliated political action committees backed 19 Republican and 14 Democratic candidates in U.S. House of Representatives races ahead of the November 2026 midterms

Ahead of the November 3, 2026 U.S. midterm elections, prediction markets favored Democrats to win Senate control, which would position Senator Elizabeth Warren to chair the Senate Banking Committee

Crypto advocacy group Stand With Crypto reported that the number of members of the U.S. Congress receiving an A rating from the organization rose from 96 at its 2023 launch to 332 by November 2026