Progressive Care to Accept Bitcoin as Payment for COVID-19

MIAMI, FL, June 04, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare and technology company, is pleased to announce that it is now offering Bitcoin as payment for its COVID-19 Rapid Resting Services at its PharmcoRx locations.

“We generally believe in the future of blockchain technologies and want to extend our market-leading services for rapid COVID-19 testing solutions to those who prefer to pay with Bitcoin,” said Alan Jay Weisberg, CEO and Chairman of Progressive Care. “This is an excellent alternative for post-pandemic tourists coming to our communities from abroad. It also enables those with an alternate view of payment systems to get the testing services they need while we strive to maintain protection against a recurrence of this terrible virus. “

Management notes that this decision is made on the eve of the world’s largest Bitcoin conference, which will be held this weekend and will attract over 50,000 visitors to Pharmco’s core marketplace in the Miami metropolitan area, many of whom are considered international.

In advance, the company has also created a cryptocurrency payment QR code for fast COVID-19 testing services to make the customer journey leaner and more user-friendly. PharmcoRx was the first pharmacy to offer a cryptocurrency payment solution for its pharmacy services in 2018 and is now expanding that commitment to include access to their cutting-edge COVID-19 rapid test solutions.

Currently, most international airlines require a COVID-19 PCR-based test offered by PharmcoRx as a travel requirement.

Weisberg added, “PharmcoRx is investing to become the leading test target for rapid COVID-19 testing solutions for international airlines, global Fortune 500 entertainment companies, restaurant chains, employers and financial institutions. PharmcoRx has tested over 10,000 people for COVID-19 to date, generating over $ 1 million in test revenue. We are excited to invite Bitcoin holders to our locations for all of their COVID-19 test requirements. “

For more information on Progressive Care, please visit the company’s website. Connect and stay in touch with us on social media:

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About Progressive Care: Progressive Care Inc. (OTCQB: RXMD), through its subsidiaries, is a Florida healthcare organization that supplies prescription drugs, compound medicines, telepharmaceutical services, antiretroviral drug sales, drug therapy management (MTM), the care of Long term care facilities with prescription drugs and risk management in health care practice.

Cautionary Statement Regarding Forward-Looking Statements The forward-looking statements contained herein, which are not based on current or historical fact, are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of. under the Securities Exchange Act of 1934. Such forward-looking statements reflect the company’s expectations with regard to its future results of operations, performance and opportunities, which involve considerable risks and uncertainties. When used herein, the words “anticipate,” “believe,” “estimate,” “come,” “plan,” “aim,” “intend,” and “expect” and similar expressions relating to Progressive Care Inc. become theirs Subsidiaries or their management should identify such forward-looking statements. These forward-looking statements are based on information currently available to the company and are subject to a number of risks, uncertainties and other factors that could cause the company’s actual results, performance, prospects and opportunities to differ materially from those disclosed in or implied through these forward-looking statements.

Contact person for public relations:
Carlos Rangel
carlosr@pharmcorx.com

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