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From a billionaire’s perspective, a US Senate seat can be tantalizingly cheap. In 2022, Peter Thiel bought one for his former employee JD Vance with $15 million in independent campaign expenditures—a pittance for an oligarch whose net worth has increased by about $12 million per day since then.
This year, a handful of cryptocurrency billionaires may be on the verge of helping to secure a US Senate seat in Alabama for even less.
In a state as red as Alabama, whoever wins the Republican primary is almost certain to cruise through the general election….
