According to ChainCatcher, Nasdaq-listed Cosmos Health announced that it has purchased $500,000 worth of Bitcoin (BTC) to expand its digital asset initiatives, bringing its total cryptocurrency investments to $2.5 million.
Cosmos Health CEO Greg Siokas stated that the average purchase price of Bitcoin was below $70,000, a move aimed at enhancing portfolio diversification and strengthening the overall capital deployment strategy. The company is also evaluating the inclusion of other cryptocurrencies.
