【Cosmos Health Completes $1 Million ETH Initial Purchase】On August 13, it was reported that the healthcare group Cosmos Health Inc. (NASDAQ: COSM) has begun purchasing Ethereum (ETH) as part of its digital asset reserve strategy. According to a $300 million financing agreement with U.S. institutional investors, Cosmos Health has completed its initial $1 million ETH purchase. The company's CEO Greg Siokas stated, 'We are excited to begin building our ETH reserves with this initial purchase. By fully utilizing our financing facilities, we aim to position Cosmos as a formidable force in the cryptocurrency space. We believe ETH has strong appreciation potential, and its widespread adoption by institutional investors, inclusion in ETFs, the proposed expansion of cryptocurrencies in retirement plans, and the increase in Ethereum-based enterprise applications enhance our confidence in this strategic initiative.'

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