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Nasdaq-Listed Cosmos Health is Latest ETH Treasury Bet

The public telehealth company has lined up a $300M raise to kick off its ETH treasury strategy.
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Aug 7, 2025 • 1 min read

Cosmos Health lined up up to $300 million through convertible notes to launch an Ethereum treasury plan. The company partnered with BitGo to secure and stake the holdings, aiming to generate yield while expanding into the digital asset space.

What’s the Scoop?

  • $300M Raise: Cosmos Health signed a deal with a U.S. institutional investor for senior secured convertible notes to support its ETH purchases.
  • Focus on ETH: At least 72.5% of each raise will go toward building the company’s Ethereum reserves.
  • BitGo Partnership: BitGo Trust Company will handle custody and staking for the assets, helping Cosmos earn yield on the full balance.

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