Nasdaq-listed Cosmos Health Inc. has secured a $300 million facility to initiate a major Ethereum treasury strategy, marking a significant step in its digital transformation.
The firm plans to issue senior secured convertible promissory notes to raise capital. At least 72.5% of each tranche will be allocated to purchasing ETH, while the remaining funds will be used for operational expenses.
ETH purchased under this plan will be custodied and staked via BitGo Trust Company, using secure, institutional-grade infrastructure.
According to CEO Grigoris Siokas, this is a “strategic milestone” offering shareholders exposure to one of the most widely adopted digital assets. The ETH strategy also aligns with Cosmos Health’s broader initiatives, including blockchain-powered supply chain solutions, wellness programs, and expansion into U.S. manufacturing.
The move reflects growing corporate interest in crypto as part of treasury management and innovation, especially with Ethereum’s utility in decentralized finance (DeFi) and enterprise applications.
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