... emerged in various industries (energy, industry, technology, etc.). During this period, the mechanism of privatizing shares of state enterprises became one of the ways to expand the market, encouraging companies to go public. After the global financial crisis of 2008, IPO activity in Russia sharply declined: in the subsequent decade, public offerings became rare. The market revival began only in recent years. For instance, in 2023–2024, the number of new listings on the Moscow Exchange reached record ...

... previously secured loans collateralized by bitcoins and equipment. For example, it expanded its energy capacities, financing them through issuing convertible bonds and credit lines (although some loan agreements were restructured after the liquidity crisis among creditors in 2022). Currently, Marathon has not reported any new loans against its BTC, but it clearly indicates that it prefers debt and equity financing over selling crypto-assets. This tactic allows it to remain one of the largest "hodlers" ...

... pessimistic scenario, unfavorable factors emerge that could once again pull Ethereum's price downward. For instance, distress signals may arise in the global economy—revived inflationary pressure may compel the Fed to adopt a more hawkish stance, or a crisis situation may develop in the financial sector (e.g., bankruptcy of a large bank, technical default on government debt, etc.). The regulatory front could also present negative surprises: hypothetically, the SEC could suddenly file a lawsuit related ...

... opportunities. In conclusion, corporate earnings on July 29 depict an overall positive picture—many companies continue to grow (fintech, tourism, medtech, aviation leasing), some are facing temporary difficulties (semiconductors, healthcare), but systemic crisis signals are not apparent. Macroeconomic data will help assess how favorable the ambient environment (inflation, demand) is for this growth. On July 29, investors should focus on the balance of these factors: strong reports combined with positive ...