• 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

Rain Raises $250 Million in Series C Financing.

chest

Rain secures $250 million in Series C funding to enhance its position in the competitive crypto payments market.

user avatarTomas Novak

DeepSeekR1 Launches MODEL1 to Celebrate First Anniversary

chest

On January 21st, DeepSeekR1 unveiled its new model MODEL1 to mark its first anniversary.

user avatarKaterina Papadopoulou

Trader Shorted 937 ETH with 3x Leverage

chest

A trader shorted 937 ETH at a price of 1402 using 3x leverage.

user avatarMaya Lundqvist

Space Launches Public Sale Allocation Process

chest

Space has unveiled its public sale allocation process after raising over $20 million.

user avatarAisha Farooq

Armani Ferrante Addresses Mad Lads Community Amid NFT Uncertainty

chest

Armani Ferrante discusses the future of Mad Lads amid NFT uncertainty, stating that while NFTs may be dead, Mad Lads is just getting started.

user avatarLi Weicheng

PAXG Trading Volume Surpasses Major Cryptocurrencies

chest

On January 21st, trading volume for gold token PAXG contracts reached 2272 million, surpassing LIT, BNB, and AAVE.

user avatarLeo van der Veen

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.