Mitesco Inc. Expands into Cryptocurrency Processing with New Launch

In a strategic move that underscores its diversification efforts, Mitesco Inc., a health care company specializing in compounding pharmacy services, has announced a significant expansion into the cryptocurrency sector. Centcore, a division of Mitesco, has launched its Crypto Processing Services (CPS) at a state-of-the-art Tier 3+ data center in Florida. This new venture marks a bold step for Mitesco, traditionally known for its operations in the pharmaceutical sector, as it ventures into the burgeoning field of digital assets.

The launch of CPS is poised to offer businesses and individual operators a secure, compliant, and high-capacity infrastructure for cryptocurrency transaction processing, mining, and blockchain hosting solutions. Brian Valania, General Manager of Centcore, emphasized the division’s commitment to providing clients with the ability to scale into digital asset infrastructure confidently. He highlighted the data center’s design for mission-critical workloads, combining reliable uptime with strong compliance frameworks.

To attract new customers, Centcore is offering significant savings on rack space and power for the first 90 days, waiving setup fees for contracts signed before October 31, 2025, and ensuring priority onboarding with guaranteed uptime service level agreements (SLAs). These incentives underscore Centcore’s aggressive strategy to capture market share in the competitive crypto processing services industry.

Despite its foray into cryptocurrency processing, Mitesco Inc. remains grounded in its core health care operations. Based in Atlanta and listed on the OTC Bulletin Board, the company has a market capitalization of $1.64 million, with a close price of $0.15 as of August 24, 2025. Its financial metrics, including a price-to-earnings ratio of 0.748, reflect the company’s current valuation in the market.

This expansion into cryptocurrency processing services represents a forward-looking approach by Mitesco Inc., leveraging its technological infrastructure to tap into new revenue streams. As the digital asset landscape continues to evolve, Mitesco’s strategic diversification could position it as a key player in both the health care and cryptocurrency sectors.

In summary, Mitesco Inc.’s launch of Crypto Processing Services through its Centcore division is a testament to the company’s innovative spirit and its willingness to explore new frontiers beyond its traditional pharmaceutical roots. With competitive offerings and a strategic focus on compliance and reliability, Centcore is well-positioned to make a significant impact in the crypto processing services market.