Blockchain Registration Transaction Record

Mitesco, Inc. Finalizes $8 Million Debt Restructuring and Expansion Plans for FY2025

Mitesco, Inc. announced the finalization of over $8 million in debt restructuring and senior equity, along with expansion plans for FY2025. The company aims to eliminate virtually all obligations by December 31, 2024, and accelerate gains in key accounts and data center operations.

This news matters because it highlights Mitesco, Inc.'s aggressive efforts to eliminate legacy liabilities and position the company for significant expansion in 2025. The restructuring and expansion plans are aimed at reducing costs and strengthening the business, which could have a positive impact on the company's growth and future prospects.