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US Stock Market Listed Company Cosmos Health Raises $300 Million in Funding, Will Establish Ethereum Reserve

2025.08.06 21:40:16

On August 6th, the publicly traded company Cosmos Health (Nasdaq: COSM) entered into a securities purchase agreement with U.S. institutional investors, securing up to $3 billion in senior secured convertible note financing. Under the agreement, the company will allocate 72.5% of the net proceeds from the financing to establish an Ethereum reserve, while the remaining funds will be designated for working capital and business development.
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