Curated News
By: NewsRamp Editorial Staff
December 09, 2025
Mitesco's Centcore Eyes Tennessee for Low-Cost Data Center Expansion
TLDR
- Mitesco's Centcore division gains competitive advantage by expanding into Tennessee with lower-cost facilities and power economics to improve margins and accelerate revenue growth.
- Centcore evaluates Tennessee locations for data centers using a small-format buildout approach with lower upfront costs, leveraging TVA's stable low-cost power for efficient operations.
- This expansion supports Mitesco's AI software ecosystem, including RoboAgent, by providing cost-efficient infrastructure that enhances enterprise-grade compute capabilities for broader accessibility.
- Centcore is converting non-data-center properties in Tennessee into efficient facilities, capitalizing on rural locations with favorable power infrastructure for innovative market entry.
Impact - Why it Matters
This expansion into Tennessee represents a significant shift in the data center industry, where power costs and infrastructure stability are critical competitive factors. For businesses and consumers, it could lead to more affordable and reliable cloud services, AI hosting, and colocation options as companies like Mitesco leverage low-cost regions to reduce operational expenses. In an era of growing AI and compute demands, such strategic moves may drive down costs for enterprise clients and enhance service delivery, potentially influencing broader market trends toward decentralized, cost-efficient data center networks. Investors should note the potential for improved margins and growth, while the tech sector could see increased competition in underserved regions.
Summary
Mitesco, Inc., a growth-oriented technology company trading as MITI on the OTC-QB market, has announced a strategic expansion for its Centcore data center division, targeting multiple locations across Tennessee. Led by CEO Mack Leath and Centcore General Manager Brian Valania, the company is evaluating sites near Nashville and in rural areas, drawn by the state's low-cost, high-stability power profile from the Tennessee Valley Authority (TVA). This move aims to accelerate revenue growth, improve operating margins, and position Centcore as a national provider through a unique 'small-format' buildout strategy that requires lower upfront capital than traditional large-scale data centers.
The expansion is a core part of Mitesco's broader capital strategy, which includes pursuing a substantial financing facility and potential acquisitions of established technology providers to support growth and an eventual uplisting to a senior national exchange. A key synergy highlighted is the direct support for Mitesco's AI-driven software ecosystem, including its RoboAgent real-estate automation platform, by providing cost-optimized domestic infrastructure for increasingly compute-intensive AI workloads. The company emphasizes that this Tennessee presence will enable higher-margin service delivery for colocation, GPU hosting, and managed AI infrastructure, leveraging the state's attractive power economics and technical resources.
Investor and media inquiries can be directed through the provided contacts, and more information is available at the official Centcore website, www.centcoreusa.com, as noted in the release from NEWMEDIAWIRE. The announcement includes forward-looking statements cautioning about risks and uncertainties, with further details accessible via the Securities and Exchange Commission at www.sec.gov. This strategic initiative underscores Mitesco's focus on platforms that improve efficiency and affordability, aligning with its mission to enhance shareholder value through both organic growth and strategic acquisitions in the technology sector.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Mitesco's Centcore Eyes Tennessee for Low-Cost Data Center Expansion
