Cosmos Health, Listed in the US, Executes Initial $1 Million ETH Purchase as Part of Its Cryptocurrency Treasury Strategy

Cosmos Health, a diversified healthcare company listed on NASDAQ, announced on August 12 that it had completed its initial purchase of $1 million in Ethereum (ETH) as part of its digital asset reserve strategy. The company has secured a fundraising framework of up to $300 million with institutional investors in the United States. Cosmos Health was established in Nevada in 2009. It operates brands such as Sky Premium Life and Mediternation, which offer proprietary pharmaceuticals and nutritional supplements, and manages manufacturing facilities certified by the European Medicines Agency. CEO Greg Shiokas stated that holding not only cash but also assets with strong potential for appreciation...