Cosmos Health Inc. (NASDAQ: COSM), a healthcare group, announced that it has begun purchasing Ether (ETH) as part of its digital asset reserve strategy. Under a $300 million financing agreement with U.S. institutional investors, Cosmos Health has completed its initial purchase of $1 million in ETH. The company's CEO Greg Siokas stated, "We are excited to begin building our ETH reserves with this initial purchase. By fully leveraging our financing facilities, we aim to position Cosmos as a powerful force in the crypto space. We believe ETH has significant appreciation potential, and its widespread adoption by institutional investors, inclusion in ETFs, the expansion of cryptocurrency in proposed retirement plans, and the increase of Ethereum-based enterprise applications all bolster our confidence in this strategic initiative."