Ethereum News Today: Cosmos Health Secures $300 Million Financing for Ethereum Treasury Strategy

Cosmos Health Inc. has entered into a $300 million financing facility with a U.S.-based institutional investor, under the terms of a securities purchase agreement for senior secured convertible promissory notes [1]. This arrangement is intended to support the company’s Ethereum (ETH) treasury strategy, which aims to build a digital asset reserve and enhance shareholder value through increased ETH exposure per share. The company must allocate at least 72.5% of the net proceeds from each tranche of the facility toward its digital asset reserve, with the remainder directed toward working capital and growth initiatives, including research and development and planned U.S. manufacturing expansion [1].

The agreement includes institutional custody and staking services for the Ethereum assets, which will be managed by BitGo Trust Company [1]. The company highlighted that the strategy is not a short-term pivot but a long-term innovation initiative, aligned with blockchain use cases in areas such as supply chain traceability, consumer engagement, and wellness incentive programs [1]. Additionally, Cosmos Health plans to explore yield-generating opportunities to optimize the cash flow potential of its ETH holdings [1].

Greg Siokas, CEO of Cosmos Health, emphasized that the financing provides direct exposure to ETH for shareholders, noting that Ethereum is one of the most widely adopted digital assets globally [1]. The capital raised will also support advanced R&D and commercial expansion, including the integration of telehealth through its acquisition of ZipDoctor, Inc. [1]. The company’s broader strategy includes diversification across pharmaceuticals, nutraceuticals, and medical devices, with operations across Europe, the U.S., and other international markets [1].

The transaction is subject to customary closing conditions and regulatory approvals [1]. Curvature Securities, LLC acted as the sole placement agent for the facility [1]. The agreement is part of a broader trend of traditional industries exploring digital assets, with Cosmos Health positioning itself at the intersection of healthcare and blockchain innovation [1]. The company remains focused on its R&D partnerships and development in therapeutic areas including obesity, diabetes, and cancer, while also advancing initiatives in decentralized finance [1].

The company has indicated that it may pursue additional financing to support its evolving business model and expansion plans [1]. Further details are available in its Current Report on Form 8-K, accessible via the Securities and Exchange Commission’s website [1].

Source: [1] Cosmos Health Secures up to $300 Million Financing Facility to Launch Ethereum Treasury Strategy (https://www.globenewswire.com/news-release/2025/08/06/3128410/0/en/Cosmos-Health-Secures-up-to-300-Million-Financing-Facility-to-Launch-Ethereum-Treasury-Strategy.html)