Cosmos Health, a healthcare company listed on NASDAQ, has announced plans to add Bitcoin and Ethereum to its balance sheet. The company, which sells drugs and medical equipment in Europe, cited Bitcoin and Ethereum as potential hedges against inflation and diversification tools. It also expressed intentions to accommodate clients who want to make payments in cryptocurrency. The company did not disclose the amount it plans to invest or whether it has already started buying digital assets. Cosmos Health's stock increased by over 17% following the announcement. This move comes after software company MicroStrategy purchased Bitcoin as a strategy to provide higher returns for shareholders and combat inflation. Microsoft also made headlines with its consideration of whether to invest in Bitcoin for its treasury.



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