Key Takeaways
- Cosmos Health adds Bitcoin and Ethereum to its treasury reserves.
- The company will also accept Bitcoin for customer payments.
- CEO Greg Siokas highlights Bitcoin's potential as a hedge against inflation.
Cosmos Health Inc., a diversified global healthcare company, has announced it will hold Bitcoin as part of its treasury reserves.
The move aligns with its strategy to diversify its balance sheet and embrace emerging technologies.
Greg Siokas, CEO of Cosmos Health, explained the decision:
We view select crypto assets, such as Bitcoin and Ethereum, not only as potential hedges against inflation and currency devaluation but also as diversification tools offering substantial upside potential.
Accepting Bitcoin for customer payments
Alongside adopting Bitcoin and Ethereum, Cosmos Health is working to facilitate customer payments in these digital currencies.
The company believes the strategy reflects its forward-looking approach to investment, particularly as digital assets gain broader adoption.
About Cosmos Health
Established in 2009, Cosmos Health is expanding globally, with offices and distribution centers in Greece, the UK, and the USA.
