According to ChainCatcher, Nasdaq-listed healthcare company Cosmos Health will include BTC and ETH in its reserve assets, stating that the adoption of this new policy follows its forward-looking approach to investing in new technologies, including its recent acquisition of its AI-driven drug repurposing platform Cloudscreen.
Cosmos Health expects that increasing its holdings of Bitcoin and Ethereum, as well as potentially other cryptocurrencies and blockchain-related assets, will help diversify its balance sheet and provide significant upside potential as these assets become increasingly adopted globally. In addition to holding BTC and ETH as reserve assets, the company is also committed to meeting the needs of customers who wish to make payments using cryptocurrencies. (Accesswire)
