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Bernie Sanders’ money comes largely from small donations. | AP Photo Sanders campaign claims $40M haul in February

Bernie Sanders campaign says it raised $40 million in February—and at least $4 million on Monday alone.

The Vermont Senator's fundraising continues to be driven by his online operation. Sanders’ team kicked off the day by informing backers that the team had raised $36 million and set a goal of $40 million for day's end. By 7:45 pm, the site set up by the campaign to track donations showed that goal being met—and a new goal of $45 million in place.

Sanders’ money comes largely from small donations, meaning contributors can, in most cases, give multiple times without hitting the $2,700 maximum.

But while the Vermont senator has raised unexpectedly large amounts around big events, like his 22-point win in New Hampshire earlier this month, he has also spent a plenty as his campaign has scaled up rapidly—including with a slate of television advertisement.

Full details of Sanders’ fundraising haul will be disclosed via formal federal filings in March.