Shares of Galaxy Digital (GLXY) rose on Wednesday after President Donald Trump issued a vocal defense of the Genius Act, in which he urged banks to “deal better with the crypto industry.”
As GLXY extended gains on Trump’s social media post, its price broke above its 20-day moving average (MA), indicating near-term reversal momentum.
Still, Galaxy Digital stock is down nearly 30% from its YTD high at the time of writing.
Trump’s public condemnation of traditional financial institutions for trying to “undermine” crypto innovation reinforces his pledge to make the United States the “crypto capital of the world.”
For Galaxy Digital, which operates a major enterprise-grade digital asset platform, the Genesis Act provides the regulatory clarity needed to scale its stablecoin and payment services. This political tailwind is widely expected to reduce the “regulatory risk premium” which may help unlock significant further upside in GLXY stock.
Note that this crypto-stock has a history of closing both March and April with significant gains – a seasonal pattern that makes it very attractive as a near-term investment.
Despite recent declines, the fundamental bull case for Galaxy Digital shares is strengthening.
While market depreciation resulted in a net loss in 2025, the Nasdaq-listed company ended up with $12 billion in assets and $2.6 billion in solid cash and stablecoins.
Furthermore, GLXY is no longer just a Bitcoin (BTCUSD) play; It is rapidly moving towards high-margin artificial intelligence (AI) and data center infrastructure. The Helios campus in Texas is on track to deliver 133MW to CoreView (CRWV), promising a steady stream of non-crypto-related revenue.
All in all, Galaxy offers a high-growth entry point at an attractive value for those interested in betting with digital finance and AI accounting.
It’s also worth noting that Wall Street remains uber bullish on Galaxy Digital for 2026 as well.
According to Barchart, the consensus rating on GLXY shares is at “Strong Buy,” with an average target of around $44 indicating a potential upside of 90% from current levels.
