Cosmos Health Unexpectedly 'Steps' Into the World of Ethereum

Cosmos Health – a healthcare and pharmaceutical company based in the United States – has just announced a bold plan: to issue up to 300 million USD in convertible bonds to implement a strategy of accumulating Ethereum ($ETH ).

According to the agreement, at least 72.5% of the raised capital will be used directly to buy and hold ETH, while the remaining portion will serve as working capital and for growth projects. The ETH assets will be custodied and participate in staking through #BitGoTrust – one of the leading digital asset custody units, ensuring safety and transparency.

This move not only marks a rare advance when a large-scale traditional business 'embraces' ETH as a strategic asset but also reflects the growing confidence in the long-term potential of the cryptocurrency market.

With the accumulation and staking of ETH, #CosmosHealth is not only seeking profits from price fluctuations but also benefiting from staking rewards, creating an additional stable revenue stream. This is seen as a positive signal, indicating that Ethereum is increasingly recognized as a valuable asset in the investment portfolios of traditional businesses.