June 16, 2021

Florida Health-Care Company Accepting Bitcoin for COVID-19 Tests

| 6/7/2021

Progressive Care Inc. (OTCQB: RXMD) (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is pleased to announce that the Company is now accepting Bitcoin as a form of payment for its COVID-19 Rapid Resting services at its PharmcoRx locations.

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

Management notes that this decision occurs on the eve of the largest Bitcoin conference in the world, which will take place this weekend, drawing over 50,000 visitors to Pharmco’s core marketplace in the Miami metropolitan area, many of whom are thought to be international.

In anticipation, the Company has also created a QR code for payments with cryptocurrency for rapid COVID-19 testing services to make the customer journey more streamlined and user-friendly. PharmcoRx was the first pharmacy to offer a cryptocurrency payment solution for its pharmacy services in 2018, and it is now expanding that commitment to include accessibility to its state-of-the-art COVID-19 Rapid Testing solutions.

At present, COVID-19 PCR-based testing, which is offered by PharmcoRx, is required by most international airlines as a travel prerequisite.

Weisberg added, “PharmcoRx is invested in becoming the leading testing destination for Rapid COVID-19 Testing solutions for international airlines, Fortune 500 global entertainment companies, chain restaurants, corporate employers, and financial institutions. PharmcoRx has tested over 10,000 people for COVID-19 to date, generating over one million dollars in testing revenues. We are happy to invite Bitcoin holders to our locations for all of their COVID-19 testing needs.”

Tags: Press Release

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