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Mitesco Announces Board Changes Amid Strategic Expansion

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Mitesco Announces Board Changes Amid Strategic Expansion

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Mitesco ( (MITI) ) has issued an update.

Mitesco, Inc. announced the appointment of Jim Clifton to its Board of Directors on May 26, 2025. Clifton, a seasoned technology executive, has been instrumental in guiding the company’s Centcore data center business strategy. His extensive experience in systems software, data analytics, and real estate aligns with Mitesco’s current direction. The company also reported the resignation of John Mitchell from the Board on May 27, 2025. Mitesco’s Centcore unit is expanding its market approach through a value-added reseller group, aiming to enhance its sales capabilities without increasing internal overhead. Additionally, Vero Technology Ventures is developing a Robo Agent A.I. application for sales automation in the residential real estate market, collaborating with leading agents to refine its features.

More about Mitesco

Mitesco, Inc. is a growth-oriented company providing products, services, and technology to deliver accessible, higher quality, and more affordable solutions. The company focuses on both start-ups and turnarounds, utilizing organic and acquisition growth strategies. Its Centcore Data Center, located in Melbourne, Florida, offers secure, reliable, and scalable cloud infrastructure solutions, serving industries from technology to public safety. Vero Technology Ventures, Mitesco’s venture arm, targets scalable cloud computing solutions aimed at improving productivity in business and government sectors.

Average Trading Volume: 16,486

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.13M

For an in-depth examination of MITI stock, go to TipRanks’ Stock Analysis page.

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