Galaxy Digital is trading 7.9% lower at $15.40, with Texas data-center policy posing a potential concern for future expansion. - Reports say Texas governor-elect Gina Hinojosa has called for a pause on new data-center development. Galaxy Digital has substantial Texas exposure through projects including Sweetwater and Helios. - Bitcoin and Ethereum are up 1.77% and 3.26%, respectively, while major U.S. indexes are higher. The decline does not track those broader moves; Texas policy is a plausible concern, not a confirmed direct catalyst.