Ethereum News Today: Cosmos Health Allocates 72.5% of $300M Raise to Ethereum Treasury via BitGo Staking

Cosmos Health Inc. has raised $300 million to launch a strategic Ethereum treasury initiative, marking a significant step in corporate adoption of blockchain technology for asset management [5]. The funding was secured through senior secured convertible promissory notes issued to a major U.S. institutional investor. Proceeds will be used to acquire Ethereum (ETH) tokens, with approximately 72.5 percent of each phase’s allocated capital earmarked for Ethereum treasury reserves. The remainder will support working capital and broader expansion efforts across the company’s global operations.

The ETH will be staked via BitGo Trust Company, a trusted institutional digital asset custodian, ensuring secure storage and generating yield from the company’s digital holdings [5]. This approach aligns with Cosmos Health’s broader digital transformation, which includes integrating blockchain technology into its healthcare operations, such as supply chain traceability and wellness incentive programs. The company views Ethereum not as a speculative asset but as a strategic investment to create long-term value for shareholders, according to CEO Greg Siokas.

Cosmos Health, a multinational corporation with a global footprint in pharmaceuticals, nutraceuticals, and telehealth, operates across Europe, Asia, and North America. Its subsidiary, Cana Laboratories S.A., is licensed under European Good Manufacturing Practice (GMP) standards and approved by the European Medicines Agency (EMA). The firm recently expanded its digital health capabilities by acquiring ZipDoctor, Inc., a U.S.-based telehealth platform, further solidifying its presence in the healthcare technology sector [8].

The Ethereum treasury initiative reflects an increasing corporate interest in digital assets for treasury diversification and yield generation. By leveraging Ethereum’s blockchain capabilities, Cosmos Health aims to enhance financial returns while advancing innovation in healthcare operations. The company’s move is consistent with a broader trend of firms exploring blockchain not just for treasury management but as a foundational element of their business strategies [1].

The integration of Ethereum into Cosmos Health’s asset portfolio demonstrates how traditional industries are adapting to the digital economy. The company’s strategic approach combines institutional-grade custody solutions with long-term blockchain exposure, positioning it at the intersection of healthcare and finance. As the firm continues to expand its product portfolio and digital infrastructure, the Ethereum treasury initiative is expected to play a key role in supporting innovation and operational efficiency.

Source:

[1] XT Community News – https://www.xt.com/en/blog/community-news/2025-08-07T11:13:55.000Z

[5] Cosmos Health Raises $300M – https://www.livebitcoinnews.com/cosmos-health-raises-300m-to-power-bold-ethereum-treasury-plan/