Mitesco Expands into Digital Currency and Managed Services with Eye on Major Exchange Listing

Mitesco, Inc. announced three strategic expansions that signal the company's aggressive growth strategy in emerging technology sectors. The OTC-listed technology firm revealed plans to enter digital currency operations, launch managed services offerings, and significantly expand its application software development capabilities.

The company is assembling a team of digital currency experts including senior executives from existing operators, legal counsel with recent successes, and an investment banking partner. CEO Mack Leath stated that with the Centcore data center as the cornerstone, the company will engage fully in digital currency processing and operations. This move comes as the company reviews configuration needs and software applications to meet growing international demand for digital currency services.

Beginning in Q4 FY2025, Mitesco will offer fully managed services through its Centcore subsidiary, supporting both corporate licensed solutions from major providers like Microsoft and SAP, as well as custom applications. Brian Valania, General Manager for Centcore, explained the company will implement a "fractional A.I." service package that allows smaller developers to access advanced solutions at more attractive costs than those offered by tech giants like Google and Oracle.

The company is also expanding its application software team beyond its current A.I.-based Robo Agent sales automation platform. The expansion includes adding specialists at both senior consultant and application-specific levels to support internal needs and third-party projects. The Robo Agent platform enhances productivity in residential real estate, while a new sports property marketplace will address growing demand in consumer and team sports areas.

These initiatives represent Mitesco's broader growth strategy that could potentially lead to a move from the OTC market to a senior exchange such as NYSE or Nasdaq during FY2026. The company emphasized that any success in achieving these objectives depends on obtaining growth capital at attractive terms and strong internal performance. Investors can review the company's filings at the Securities and Exchange Commission website for additional information.

The expansion into digital currency operations comes at a time when institutional adoption of cryptocurrency services is increasing globally. By leveraging its existing data center infrastructure and expertise, Mitesco aims to capture market share in this rapidly growing sector while diversifying its revenue streams beyond traditional software and data center services.