Cosmos Health Secures $300M Facility for $ETH Treasury Strategy


Healthcare firm Cosmos Health announced Wednesday that it has secured up to $300 million in financing to launch an $ETH treasury strategy.


The Nasdaq-listed company entered a securities purchase agreement with an unnamed U.S. institutional investor through convertible promissory notes.


At least 72.5% of net proceeds from each funding round must go toward building the digital asset treasury reserve.


The accumulated $ETH will be custodied and staked through #BitGo's institutional infrastructure to optimize cash flow.


#StandardChartered analysts previously called $ETH treasury companies "very investable" with stronger upside potential than $BTC treasury firms.

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August 07, 2025 at 12:20 PM
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