Galaxy Digital has issued a warning in its annual report, suggesting that five or more digital asset market treasury firms could face sales, mergers, or closures by 2026. The report highlights that weak long-term strategies and diminishing premiums are revealing vulnerabilities within the sector. Many of these firms are currently trading below their market-to-net asset values, complicating fundraising efforts. The report indicates that firms with robust capital and liquidity strategies may withstand the challenges, while others may not survive the market consolidation. This potential shake-up could also impact altcoins, as the market adjusts to these changes.