Nasdaq-listed company Cosmos Health has announced the launch of a new Ethereum treasury strategy, securing up to $300 million for its digital asset reserves.
Funding through Agreement with Institutional Investor
The funding was secured through a securities purchase agreement with an unnamed U.S.-based institutional investor. The financing includes the issuance of senior secured convertible notes.
Ethereum Strategy for Digital Transformation
According to Cosmos Health, its Ethereum reserve strategy will support its digital transformation and e-commerce initiatives. It will also serve the company’s plans to explore the use of blockchain technology in areas such as supply chain traceability, healthcare incentive programs, and global customer engagement.
Impact of the Strategy on the Ethereum Market
Cosmos will be required to use at least 72.5% of the net proceeds from each financing round to build a treasury of digital assets, while the remainder will be directed towards working capital and growth initiatives. The collected ETH will be stored and staked through BitGo's institutional custody and staking infrastructure. As institutional interest in Bitcoin treasuries increased in the first half of 2025, many companies began to announce their Ethereum treasury strategies.
Cosmos Health is actively engaging in leveraging Ethereum as a valuable asset and is finding ways to enhance the efficiency of its financial strategies, indicating a growing interest in Ethereum among institutional investors.