Cosmos Health Inc. invests an additional $300,000 in Ethereum, totaling $1.8 million under its digital assets strategy.
Quiver AI Summary
Cosmos Health Inc. has announced an additional investment of $300,000 in Ethereum, raising its total ETH investment to $1.8 million as part of a broader $300 million digital assets facility aimed at diversifying its portfolio. CEO Greg Siokas highlighted the company's commitment to expanding its Ethereum holdings and accelerating its acquisition strategy. Cosmos Health, a global healthcare group based in Nevada, operates a range of pharmaceutical and nutraceutical brands and has been active in the telehealth space through an acquisition. The company continues to focus on research and development partnerships targeting significant health disorders and is expanding its operations internationally.
Potential Positives
- Cosmos Health has increased its total investment in Ethereum to $1.8 million, demonstrating confidence in digital asset diversification.
- The purchase supports the Company’s ongoing strategy to enhance its portfolio through significant digital asset investments.
- The announcement reflects Cosmos Health's commitment to accelerating its acquisition program under a substantial $300 million digital assets facility.
Potential Negatives
- Significant investment in Ethereum may raise concerns about the company's strategic focus, potentially diverting attention from its core healthcare operations.
- Forward-looking statements indicate potential risks, including the company's ability to raise sufficient financing and effectively implement its digital asset strategies.
- The impact of external factors, such as the war in Ukraine, could adversely affect the company’s operations and financial performance.
FAQ
What is Cosmos Health's recent investment in Ethereum?
Cosmos Health has increased its investment in Ethereum to $1.8 million by purchasing an additional $300,000 worth of ETH.
Why is Cosmos Health investing in digital assets?
The investment supports Cosmos Health's strategy to diversify its portfolio through strategic digital asset investments under a $300 million facility.
Who is the CEO of Cosmos Health?
Greg Siokas is the CEO of Cosmos Health, overseeing its acquisition program and investment strategies.
What types of products does Cosmos Health manufacture?
Cosmos Health manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union.
Where are Cosmos Health's distribution centers located?
The Company has distribution centers in Thessaloniki and Athens, Greece, as well as Harlow, UK.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COSM Insider Trading Activity
$COSM insiders have traded $COSM stock on the open market 10 times in the past 6 months. Of those trades, 10 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $COSM stock by insiders over the last 6 months:
- GRIGORIOS SIOKAS (Chief Executive Officer) has made 10 purchases buying 2,043,582 shares for an estimated $785,977 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$COSM Hedge Fund Activity
We have seen 9 institutional investors add shares of $COSM stock to their portfolio, and 10 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 1,917,710 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $805,438
- VIRTU FINANCIAL LLC added 104,422 shares (+inf%) to their portfolio in Q2 2025, for an estimated $43,857
- CITADEL ADVISORS LLC added 96,731 shares (+inf%) to their portfolio in Q2 2025, for an estimated $40,627
- SLT HOLDINGS LLC removed 42,500 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $17,850
- FOUNDATIONS INVESTMENT ADVISORS, LLC removed 42,500 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $17,850
- XTX TOPCO LTD added 36,702 shares (+inf%) to their portfolio in Q2 2025, for an estimated $15,414
- JANE STREET GROUP, LLC added 29,218 shares (+inf%) to their portfolio in Q2 2025, for an estimated $12,271
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHICAGO, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Cosmos Health Inc. ("Cosmos Health" or the “Company”) (NASDAQ:COSM) , a diversified, vertically integrated global healthcare group, today announced that it has purchased an additional $300,000 worth of Ethereum (ETH), increasing its total investment in ETH to $1.8 million.
This latest purchase was made under Cosmos Health’s previously announced $300 million digital assets facility, which supports the Company’s ongoing strategy to diversify its portfolio through strategic digital asset investments.
Greg Siokas, CEO of Cosmos Health, stated: “We have continued to increase our Ethereum holdings following last week’s purchase, bringing our total investment in ETH to $1.8 million. We remain committed to accelerating our acquisition program under our $300 million financing facility.”
About Cosmos Health Inc.
Cosmos Health Inc. (Nasdaq:COSM), incorporated in 2009 in Nevada, is a diversified, vertically integrated global healthcare group. The Company owns a portfolio of proprietary pharmaceutical and nutraceutical brands, including Sky Premium Life®, Mediterranation®, bio-bebe®, C-Sept® and C-Scrub®. Through its subsidiary Cana Laboratories S.A., licensed under European Good Manufacturing Practices (GMP) and certified by the European Medicines Agency (EMA), it manufactures pharmaceuticals, food supplements, cosmetics, biocides, and medical devices within the European Union. Cosmos Health also distributes a broad line of pharmaceuticals and parapharmaceuticals, including branded generics and OTC medications, to retail pharmacies and wholesale distributors through its subsidiaries in Greece and the UK. Furthermore, the Company has established R&D partnerships targeting major health disorders such as obesity, diabetes, and cancer, enhanced by artificial intelligence drug repurposing technologies, and focuses on the R&D of novel patented nutraceuticals, specialized root extracts, proprietary complex generics, and innovative OTC products. Cosmos Health has also entered the telehealth space through the acquisition of ZipDoctor, Inc., based in Texas, USA. With a global distribution platform, the Company is currently expanding throughout Europe, Asia, and North America, and has offices and distribution centers in Thessaloniki and Athens, Greece, and in Harlow, UK. More information is available at www.cosmoshealthinc.com , www.skypremiumlife.com , www.cana.gr , www.zipdoctor.co , www.cloudscreen.gr , as well as LinkedIn and X .
Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” and similar expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could,” generally identify forward-looking statements, although not all forward-looking statements contain these words. These statements involve risks and uncertainties that may individually or materially affect the matters discussed herein for a variety of reasons outside the Company’s control, including, but not limited to: the Company’s ability to raise sufficient financing to implement its business plan; the effectiveness of its digital asset strategies, including accumulation and yield-generating activities; the impact of the war in Ukraine on the Company’s business, operations, and the economy in general; and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those anticipated. Readers are encouraged to review the risk factors set forth in the Company’s filings with the SEC, which are available at the SEC’s website (
www.sec.gov
). The Company disclaims any obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise
Investor Relations Contact:
BDG Communications
[email protected]