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Cosmos Health purchases $500,000 worth of BTC, bringing the total digital asset investment to $2.5 million
Mars Finance reports that Nasdaq-listed company Cosmos Health announced 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.