Cosmos Health Inc. (NASDAQ: COSM) has initiated its digital asset reserve strategy by purchasing $1 million worth of Ethereum (ETH). This acquisition is part of a broader plan following a $300 million financing agreement with a U.S. institutional investor. CEO Greg Siokas highlighted the company's commitment to building its ETH reserves, aiming to strengthen Cosmos's position in the crypto sector. The company is optimistic about Ethereum's potential, citing its growing adoption by institutional investors, inclusion in ETFs, and proposed expansion in retirement plans. Cosmos Health views Ethereum's increasing enterprise applications as a key factor in its decision to invest in the cryptocurrency.