- Cosmos Health will use most of its $300M funding to build a long-term Ethereum treasury for future growth.
- The company plans to stake ETH through BitGo and explore blockchain tools for supply chain and wellness tracking.
- Global firms like Satsuma and Bit Mining also expand crypto treasuries showing rising interest in digital assets.
Cosmos Health Inc. has secured a $300 million financing facility from a U.S.-based institutional investor. The funding comes through senior secured convertible promissory notes. The company plans to use most of the funds to build a long-term Ethereum (ETH) treasury.
At least 72.5% of the net proceeds from each tranche will go directly into accumulating ETH. The remaining funds will support business growth, including product innovation and new U.S.-based manufacturing operations.
Ethereum Strategy Part of Wider Digital Plan
The Ethereum strategy aligns with the company’s broader digital roadmap. Cosmos Health intends to store and stake ETH using BitGo’s institutional custody services. BitGo will also provide insurance coverage for these digital assets.
This approach supports Cosmos Health’s long-term digital asset management goals. The company aims to increase security and efficiency while exploring yield opportunities through ETH staking.
Corporate Crypto Adoption Expands in Healthcare Sector
Cosmos Health now joins a growing list of healthcare firms integrating crypto into their operations. It becomes one of the few public healthcare companies with a large-scale crypto treasury. The firm plans to strengthen its digital transformation strategy by adopting blockchain for wellness tracking and customer engagement tools.
The use of ETH also supports blockchain-based supply chain management. Cosmos Health sees these digital solutions as long-term tools to improve transparency and efficiency.
New Treasury Moves Mirror Global Crypto Trends
The announcement follows a recent wave of similar treasury strategies by global companies. BitBridge Capital plans to go public and use a Bitcoin treasury model. The firm also announced a BTC-backed loan product to offer sustainable interest to lenders.
Satsuma Technology, listed in the UK, raised $218 million in a convertible loan offering. The firm accepted $125 million in Bitcoin and views BTC as central to its AI development strategy.
Broader Market Sees Crypto-Focused Fundraising
Other companies have taken similar steps in diversifying their treasuries. Bit Mining, a New York-listed company, purchased 27,191 SOL worth $4.9 million. The company launched its own validator to stake SOL and support the Solana network.
In the UK, Smarter Web Company raised $21 million through Bitcoin-based convertible bonds. The offering was fully subscribed by French asset manager TOBAM. These bonds feature flexible equity conversion, matching evolving digital market needs.
As Cosmos Health advances its Ethereum-focused approach, the broader trend of corporate crypto adoption continues to gain traction.
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