• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cosmos Health: Diversifying its Balance through Cryptocurrencies

user avatar

by Giorgi Kostiuk

a year ago


Cosmos Health, a company listed on NASDAQ, announced the inclusion of Bitcoin and Ethereum into its balance sheet to hedge against inflation and diversify its assets.

Company's New Strategy

Cosmos Health, a well-known company in the market, has announced a new strategy that includes cryptocurrencies in its balance sheet. This decision is driven by the need to acquire tools for protection against inflation.

Why Bitcoin and Ethereum?

The company views Bitcoin and Ethereum as assets that offer not just protection against inflation and currency devaluation but also as diversification tools with significant growth potential. These assets are becoming increasingly accepted both locally and globally.

We view select cryptocurrencies like Bitcoin and Ethereum not only as hedges against inflation and currency devaluation, but also as diversification tools that offer significant upside potential.Greg Siokas, CEO of Cosmos Health

Future Plans and Expectations

The company also noted that it plans to meet the needs of customers wishing to pay with cryptocurrencies and intends to add other cryptocurrencies to its balance in the future. Cosmos Health sees both financial prospects and customer satisfaction in this approach.

Cosmos Health's move towards incorporating cryptocurrencies indicates the growing interest and recognition of cryptocurrencies as a significant asset class in the global financial market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Aligning Trading Methodology with Behavioral Profiles

chest

Successful portfolio optimization requires alignment between trading methodology and individual behavioral profiles.

user avatarLuis Flores

EU Leaders Urge Focus on Trade Deal and Ukraine Amid Tariff Suspension

chest

EU leaders emphasize the need to prioritize the nearly completed trade deal with the US and the ongoing situation in Ukraine.

user avatarArif Mukhtar

CFDs Evolve into Essential Investment Tools

chest

CFDs have evolved from niche speculative instruments to essential components of diversified investment portfolios.

user avatarMaria Gutierrez

Investors Believe Digitap Could Hit $5 by End of 2026

chest

Investor sentiment around Digitap suggests a potential price target of $5 by the end of 2026.

user avatarDavid Robinson

Market Consolidation in 2025 Leads to Improved Cryptocurrency Health

chest

Coinbase's research indicates that the 2025 market consolidation phase has created necessary corrections, leading to improved market health indicators.

user avatarAndrew Smith

Ethereum Achieves Record Low Fees in 2026

chest

Ethereum has successfully reduced its average gas fees, enhancing its competitiveness.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.