Odaily Planet Daily News: Nasdaq-listed company Cosmos Health announced that it has purchased $500,000 worth of Bitcoin (BTC) to expand its digital asset program, bringing its total cryptocurrency investment to $2.5 million. Cosmos Health CEO Greg Siokas stated that the average purchase price of the Bitcoin was below $70,000. The move aims to diversify the investment portfolio and strengthen the overall capital deployment strategy. The company is also evaluating the inclusion of other cryptocurrencies. (Globenewswire)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Eric Trump, family mining company American Bitcoin's Bitcoin reserves exceed 6,000 coins
ChainCatcher Message: Eric Trump announced on X that the Trump family mining company American Bitcoin has been listed on NASDAQ for less than 6 months, with Bitcoin reserves surpassing 6,000 coins.
GateNewsBot2m ago
Machi Sells ETH, Doubles Down on BTC: Liquidity Crunch or Bold Bet?
_um uMachi sold ETH to fund leveraged longs on BTC, ETH, and HYPE as losses top $27.5M and liquidation risk sits near $1,929._
Crypto markets are watching as Machi Big Brother restructures his portfolio and increases leveraged exposure.
On-chain data shows token sales followed by large long po
LiveBTCNews5m ago
Financial giant Jane Street increased its holdings by 7.1 million shares of IBIT in Q4 last year. The community rumors suggest that it is manipulating Bitcoin prices through high-frequency trading.
Jane Street increased its holdings by 7,105,206 shares of IBIT in the fourth quarter of last year, valued at $275 million. It now holds a total of 20,315,780 shares, worth $790 million. Meanwhile, BlackRock and Morgan Stanley also increased their holdings by over 2.37 million shares of IBIT.
GateNewsBot32m ago
Wintermute: Bitcoin Stuck Below $70K as Leverage Drives Choppy Price Discovery
_Low conviction, weak spot demand, and macro shifts keep Bitcoin capped below $70K, says Wintermute._
Bitcoin is still trading below $70,000 as investors seek clear direction following a large wave of liquidations two weeks ago. Price moves have become unstable, with futures trading driving
LiveBTCNews51m ago
