... forecast is a loss of around -$0.16 per share (compared to -$0.36 last year) with revenue around $37 million, which is even 13-15% lower than a year ago. The year-on-year revenue decline is attributed to a pause in major projects: last year, Applied Digital completed several contracts for miner placements that caused revenue surges (+98% year-on-year), but the company is now transitioning to servicing cloud-based AI calculations and is awaiting new contracts. Investors in this high-risk asset want to hear two key points: plans to expand capacities (building new data centers for AI clients) and order dynamics from major clients (for instance, the company recently mentioned contracts for AI cloud). Should management communicate progress ...

... environment continues to significantly influence the dynamics of crypto assets. Against the backdrop of easing inflation and diminishing geopolitical risks, the market participants’ risk appetite is increasing, favoring risky investments, including digital assets. Rate declines in developed economies strengthen demand for alternative instruments like cryptocurrencies. Simultaneously, psychological aspects are crucial: herding effects and FOMO exacerbate short-term fluctuations. Increased media and analyst ...

... voicing concerns regarding the use of cryptocurrencies for money laundering, tax evasion, and financing illegal activities. Statements calling for stricter controls on crypto-assets are becoming more common, especially following the rise in popularity of digital assets. Should the Trump administration decide to implement additional controls or tax measures on cryptocurrencies, it could create barriers for new investors and deter existing market participants. This may limit Bitcoin's growth and complicate its ...

... potential—if the projects execute their roadmaps, attract users, and the token unlock conditions are justified by capital growth. In this case, early investors who recognize fundamental advantages (whether in the prospects of Bitcoin staking, the demand for digital signature infrastructure, or the explosive synthesis of AI and blockchain) may expect the value of the asset to rise as market capitalization approaches FDV. Conversely, the flip side is the risk of overvaluation. A high FDV often reflects optimism and hype, sometimes backed by significant venture investments. However, high valuations do not always correlate ...

... refining of oil and gas. In 2023, the company allocated 98 billion rubles for the development of its key assets and projects. Main Assets of the Company: Oil Fields: Slavneft operates large oil fields in Western Siberia, including the Megion and Vatyegan fields,... ... products. Expansion of Export Capabilities: Development of port infrastructure to increase volumes of petroleum product exports. Digitalization and Automation: Implementation of Digital Technologies: Use of production management systems and data analytics ...