Cosmos Health purchased $500,000 worth of BTC, bringing the total investment in digital assets to $2.5 million

Nasdaq-listed company Cosmos Health announced that it has purchased $500,000 worth of Bitcoin (BTC) to expand its digital asset program, bringing its total cryptocurrency investment to $2.5 million.

Cosmos Health CEO Greg Siokas stated that the average purchase price for this Bitcoin acquisition was below $70,000, aiming to enhance portfolio diversification and strengthen the overall capital deployment strategy. The company is also evaluating the inclusion of other cryptocurrencies.