... incurring a loss immediately after trading starts. The optimal situation is an offering price below or approximately equal to the market price (taking commissions and temporary fluctuations into account). Share issuance proportion. Determine what percentage ... ... the offering. Will the underwriter guarantee the purchase of unsold papers (guaranteed subscription), or will only the issuer bear the risks (without guarantees)? Standards can vary: sometimes there is no underwriting at all. Clarify whether the possibility ...

... to partially monetize its production if necessary. Bitfarms – in contrast to the aforementioned, is forced to regularly sell significant portions of mined BTC to maintain liquidity. The Canadian-Argentinian Bitfarms suffered greatly during the 2022 bear market: during that time, it sold most of its treasury to pay off debts. Its balance is now considerably modest – around 1,005 BTC by the end of April. In April, Bitfarms mined only 268 BTC (significantly less than market leaders, due to a lower hashrate ...

... sign that some players were capitulating. In the industry, such episodes are referred to as "miner capitulation," often coinciding with local market bottoms. However, the current case is unique: the shutdown of equipment is not happening in a bear market, but rather after a significant rally in Bitcoin, suggesting that it is driven more by a structural adjustment in the industry post-halving than by panic selling. Market Reaction and Fundamental Signals The Bitcoin market responded to the difficulty ...

... Seven" (Apple, Microsoft, Alphabet (Google), Amazon, Nvidia, Meta, and Tesla). The ratio of long to short positions held by hedge funds in these seven stocks has fallen to approximately 2.5x – a record low, compared to around 3.0x at the end of the bear market in 2022. This suggests that there are now only 2.5 short positions for every long position, reflecting a sharp decline in optimism. Concurrently, the net long exposure of hedge funds to the "seven" has decreased by approximately 8 percentage ...

... balance sheet (real estate, equipment, patents, cash, etc.), as well as liabilities - how much debt and other liabilities it bears. Key financial ratios are calculated: profit margin, return on equity (ROE), return on assets (ROA), current liquidity ratio,... ... management efficiency, the presence of a sustainable competitive advantage (for example, a unique technology or a strong brand), market share and the rate of its change, innovation, corporate governance. Based on the totality of these data, a conclusion is ...