Nasdaq Healthcare Firm Cosmos Health Secures $300M for Ethereum Treasury Strategy

Key Points

1. Cosmos Health Inc. secured up to $300 million in financing to establish an Ethereum treasury reserve strategy, with 72.5% of net proceeds allocated to ETH reserves under BitGo custody.

2. The remaining funds will be used for accelerated product development and advanced R&D innovation, as part of the company's broader commitment to digital asset integration.

3. Cosmos Health CEO Greg Siokas emphasized the move as a long-term strategic shift, offering shareholders direct exposure to ETH and leveraging blockchain for operational utility.

4. The company joins a growing trend of public firms adopting ETH treasury strategies, such as BitMine Immersion Technologies and SharpLink Gaming, which have accumulated significant ETH holdings.

5. Corporate treasuries collectively hold 3.04 million ETH (2.51% of circulating supply), with Ethereum spot ETFs recording $35.12 million in net inflows amid broader institutional adoption.