• 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's Journey: From Genesis Block to Mainstream Financial Asset

chest

Bitcoin has transformed from a niche digital currency into a significant financial asset over 15 years.

user avatarJesper Sørensen

Victim Offers Bounty to Address Poisoning Attackers

chest

The victim of the address poisoning scam is offering a bounty for the return of stolen funds, with a 48-hour ultimatum for the attackers.

user avatarRajesh Kumar

CoinPoker Launches Monthly $5,000 Freeroll for New Players

chest

CoinPoker has launched a monthly $5,000 freeroll tournament for new players, scheduled for the last Friday of each month at 5pm UTC, exclusively for those who register with the code MOBILE.

user avatarLucas Weissmann

CoinPoker Upgrades Mobile Platform for iPhone Users

chest

CoinPoker has launched its upgraded mobile poker platform, now compatible with iPhone devices, allowing players to access the site directly through mobile browsers.

user avatarFilippo Romano

Bitcoin Faces Significant Short Liquidation Risk Above 88K

chest

Bitcoin is trading near a critical level where a modest price increase could trigger massive short liquidations.

user avatarTomas Novak

CryptoQuant Analysts Predict Future Demand Waves for Bitcoin

chest

CryptoQuant analysts identify three demand waves for Bitcoin, suggesting potential long-term growth despite current stagnation.

user avatarEmily Carter

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.