Former Vice President Joe Biden has brought in over $10 million in campaign contributions in the two days following his resounding victory in the South Carolina primary, his campaign announced Monday, hours before he picked up the endorsements of Pete Buttigieg and Sen. Amy Klobuchar, who both dropped out of the race.
The bulk of the Democratic presidential hopeful’s contributions flooded in between 8pm on Saturday and 8pm on Sunday, according to the Washington Post, starting immediately after Biden was projected as the winner in the first-in-the-south primary.
The campaign said it raised $5 million on Saturday alone, making it the largest online fundraising day to date, and quickly surpassed that on Sunday.
Biden’s team also said that much of those contributions came from tens of thousands of new donors.
Biden had struggled to compete with his 2020 rivals in terms of campaign contributions, repeatedly ranking below his competitors in quarterly fundraising hauls.
He raised a mere $9 million in January and $18 million in February, the latter of which includes the $5 million he hauled in Saturday night.
Buttigieg, the former South Bend, Ind. mayor, had long outranked the former vice president for the largest number of billionaire donors before bowing out of the presidential race Sunday.
Buttigieg’s expected endorsement ahead of Super Tuesday will likely boost his chances of bringing in donations from a fellow moderate’s supporters.
After Biden’s dismal showings in Iowa and New Hampshire in early February, Democratic megadonors began publicly panicking over whether their candidate of choice could make it to the general election.
“There’s a great deal of concern,” one donor who bundled contributions for a Biden fundraiser in New York last month told The Post at the time.
“It wasn’t expected that he would perform great in Iowa or New Hampshire. But we did not anticipate that he would fare this poorly. It was a significant decline,” said the bundler, who requested anonymity.