Crypto's last shot? This risks sinking the Clarity Act before midterms, warns Galaxy analyst [Yahoo! Finance]
Galaxy Digital Inc. - Class A common stock (GLXY)
Company Research
Source: Yahoo! Finance
it is not signed into law before the midterm elections in November, it may not pass for years, warns Alex Thorn, Galaxy Digital's head of research. “If the markup slips past mid-May, the probability of enactment in 2026 will drop sharply,” Thorn warned in a note shared with DL News . “In our view, the odds of Clarity being signed into law in 2026 are roughly 50-50, and possibly lower.” He's not alone. Polymarket punters give the Clarity Act a 47% chance of being passed this year, down from 82% in February. Thorn's warning comes as the Senate is juggling a debate over Iran military authorisation, unresolved Department of Homeland Security funding and a backlog of presidential nominations for top posts. The Senate calendar between now and the August recess is packed. The chamber breaks in early August for five weeks, after which midterm campaigning intensifies. If the Democrats retake the House in the November election, then it's likely that legislative work will grind to a halt
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News
- Galaxy Research Has A Timeline for MicroStrategy Bitcoin Stash To Overtake Satoshi's [Yahoo! Finance]Yahoo! Finance
- Galaxy Digital (GLXY) had its "buy" rating reaffirmed by Rosenblatt Securities. They now have a $39.00 price target on the stock.MarketBeat
- ‘$60 Billion Trapped’—Inside The Plumbing Problem Kraken’s IPO Exposed [Forbes]Forbes
- Galaxy Digital (GLXY) had its price target lowered by Piper Sandler from $42.00 to $36.00. They now have an "overweight" rating on the stock.MarketBeat
- BlackRock Picks Galaxy Digital (GLXY) to Power Its New Staking ETF [Yahoo! Finance]Yahoo! Finance
GLXY
Earnings
- 2/3/26 - Beat
GLXY
Sec Filings
- 4/8/26 - Form ARS
- 4/8/26 - Form DEFA14A
- 4/8/26 - Form DEF
- GLXY's page on the SEC website