• 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

Bitcoin Missing From Government Storage

chest

The Gwangju District Prosecutors Office reported that confiscated Bitcoin is no longer accessible, leading to significant financial losses.

user avatarAisha Farooq

Supreme Court Reviews Trump's Attempt to Dismiss Fed Board Member

chest

The Supreme Court is reviewing President Trump's attempt to dismiss Federal Reserve Board member Lisa Cook, raising questions about presidential authority and the board's independence.

user avatarTenzin Dorje

USDP's Gains Signal Political Shift in Myanmar

chest

The USDP's performance in the 2026 election demonstrates a notable political shift compared to past elections.

user avatarMohamed Farouk

Military-Backed USDP Dominates Myanmar's 2026 Election

chest

The final phase of Myanmar's election concluded on January 25, 2026, with the military-backed USDP securing significant victories.

user avatarBayarjavkhlan Ganbaatar

Nvidia Dominates Data Center GPU Market with 92% Share

chest

Nvidia currently holds a remarkable 92% market share in the data center GPU sector, primarily due to its advanced Blackwell and Rubin chips, which provide significant energy efficiency and cost reductions.

user avatarElias Mukuru

Alex Honnold Attempts Free Solo Climb of Taipei 101

chest

Professional climber Alex Honnold is attempting a historic free solo climb of Taipei 101, aiming to become the first to achieve this ascent without safety gear.

user avatarDiego Alvarez

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.