Comprehensive Funding Arrangement for Healthcare Sector Innovations and Treasury Reserve Creation

Cosmos Health has secured a substantial facility of $300 million through a securities purchase agreement with a U.S. institutional investor. This massive injection of capital will be utilized by the healthcare company to build a treasury reserve in Ethereum (ETH). Notably, at least 72.5% of the funds received from each funding round must be dedicated towards acquiring and holding ETH.

The funds not allocated towards purchasing Ethereum will be used for working capital and growth projects within the healthcare sector. BitGo Trust Company has been entrusted with the responsibility of custodianship and staking the accumulated Ethereum holdings.

Cosmos Health’s CEO, Greg Siokas, emphasized that this financing arrangement provides shareholders with direct exposure to Ethereum. The company is also eager to explore alternative methods for generating returns from its ETH holdings, including DeFi (Decentralized Finance) strategies.

In a statement, the healthcare company revealed plans to allocate funds towards expanding e-commerce capabilities, developing supply chain tracking projects, and implementing wellness programs as well as consumer engagement initiatives.

Interestingly, this news comes on the heels of Geoffrey Kendrick, head of digital assets research at Standard Chartered, remarking that companies adopting Ethereum treasury strategies are “very investable”. This assertion underscores the attractiveness of such initiatives to investors. As seen with a growing number of public corporations announcing similar treasury strategies in early 2025, Cosmos Health’s decision to build an ETH treasury is reflective of this emerging trend.

Cosmos Health, listed on Nasdaq under the ticker COSM, has been steadily expanding its digital capabilities within the healthcare sector.

Source: coinrevolution.com