Cosmos Health purchases additional $0.5M in Ethereum (COSM:NASDAQ)

Cosmos Health (NASDAQ:COSM) announced on Friday that it has acquired an additional $0.5M worth of Ethereum in accordance with its previously assigned $300M digital assets facility, resulting in a total investment of $1.5M in ETH.

This acquisition will help the company’s strategy to strengthen its balance sheet and apply blockchain technology in the healthcare and digital wellness sector.