Public company Cosmos Health secures $300 million in funding to launch Ethereum reserve strategy

2025-08-06 21:41:23

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ChainCatcher news, according to GlobeNewswire, publicly traded company Cosmos Health (NASDAQ: COSM) has reached a securities purchase agreement with U.S. institutional investors to secure $300 million in senior secured convertible note financing.

Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to establish an Ethereum reserve, while the remaining funds will be used for working capital and business development.

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During the cryptocurrency market, a record of institutional crypto holdings and capital operations.

Recently, stablecoin concept stocks have continued to strengthen, with several listed companies establishing reserves of crypto assets. Stocks of crypto companies are becoming a special "crypto hotspot": traditional market investors are beginning to pay attention to companies in the crypto industry, while those in the crypto circle view the price changes of crypto stocks as one of the indicators of market fluctuations. This topic will continue to focus on the dynamics of related projects, institutional movements, market performance, and the strategic logic behind them, gaining insights into the development path of this wave of integration between crypto and equity.

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