Cosmos Health signs a $300 million protocol, with 72.5% of the funds to be invested in ETH.

[Chain News] On August 6, it was reported that Cosmos Health (NASDAQ: COSM) signed a securities purchase agreement with a U.S. institutional investor to issue up to $300 million of senior convertible secured notes to implement an Ether (ETH) reserve strategy. The company must purchase more than 72.5% of the net proceeds from each financing in ETH, which will be held by an accomplice platform and participate in staking to enhance the "per share ETH" metric. The remaining funds will be used for product research and development, business expansion, and a U.S. manufacturing base plan; the company also plans to explore additional revenue schemes to optimize ETH asset cash flow and usage.

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BrokeBeansvip
· 08-09 09:55
ETH is really good.
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New_Ser_Ngmivip
· 08-08 12:45
I am optimistic about this investment project.
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StrawberryIcevip
· 08-08 09:28
This operation is too ruthless.
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failed_dev_successful_apevip
· 08-06 14:16
ETH is now a necessity.
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MEVVictimAlliancevip
· 08-06 14:14
Institutions have gotten on board.
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MidnightSellervip
· 08-06 14:10
This wave is bullish for ETH
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MoonBoi42vip
· 08-06 13:57
Is a bull run coming?
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SolidityNewbievip
· 08-06 13:55
bullish ETH trend
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