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Cosmos Health Inc. (NASDAQ), a global healthcare conglomerate, today unveiled a pivotal shift in its financial strategy by incorporating Bitcoin and Ethereum into its treasury reserves. This decision aligns with the company’s commitment to leveraging cutting-edge technologies, highlighted by its recent acquisition of the AI-powered platform, Cloudscreen.
By adopting Bitcoin and Ethereum, along with exploring other crypto and blockchain investments, Cosmos Health aims to diversify and strengthen its financial standing. This move is poised to capitalize on the growing global acceptance of digital assets, promising significant growth potential.
Greg Siokas, CEO of Cosmos Health, commented on the strategy, saying, “As a dynamic and progressive organization, embracing crypto assets complements our advanced AI initiatives. We’re setting the stage for future growth, enhancing shareholder value through diversified, innovative investments.” The company also plans to accommodate crypto payments, further integrating digital currency into its operations.
