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Mitesco ( (MITI) ) has issued an update.
On December 9, 2025, Mitesco announced plans for its Centcore data center division to expand in Tennessee, attracted by the state’s low power costs and strong technical resources. The company is considering both acquisitions and new builds to quickly enter multiple markets with lower initial costs. This expansion supports Mitesco’s AI-driven software ecosystem, including its real-estate automation platform, RoboAgent. The strategic move aims to accelerate revenue growth, improve margins, and position Centcore as a national provider, while also exploring potential mergers or acquisitions to enhance growth.
More about Mitesco
Mitesco, Inc. is a growth-oriented technology company that focuses on platforms enhancing efficiency, access, and affordability. It leverages its expertise in business transformation to pursue both organic initiatives and strategic acquisitions, aiming to increase shareholder value. Its Centcore division provides secure, scalable cloud services for modern enterprise and public sector needs, offering certified infrastructure and high-availability solutions.
Average Trading Volume: 71,937
Technical Sentiment Signal: Sell
Current Market Cap: $1.62M
For a thorough assessment of MITI stock, go to TipRanks’ Stock Analysis page.