Urban Television Community (URBT) Stock Rally Amid Information That it's going to Commence Crypto Mining Procedure

URBT shares rally as the corporate announces get off its crypto mining operations

City Tv Network Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid information it'll commence crypto mining functions on November 1, 2021, according to its ideas to grow by breaking in to the cryptocurrency business. The job, which can target Bitcoin and Ethereum mining, will probably be led by Kimberly Douglas, a crypto mining pro and an advocate for mass adoption. She'll acquire charge of and create a group to perform URBT's blockchain-primarily based mining things to do and cryptocurrency linked enterprise.

Trader self-confidence has risen due to these announcements, an predicted myriad of strategic modifications to observe plus the interesting advancement the cryptocurrency industry is currently witnessing. The board of URBT had before authorized the crypto mining operation to consider of with roughly 200 higher-powered mining Laptop devices procured from trusted suppliers across the country under the Management of a crypto enthusiast and crypto mining expert, Kimberly Douglas.

Following greater than a few months of lows during the crypto current market given that 2021 commenced, because of in components to Tesla's turn from accepting Bitcoin for payment, the merged value of the earth's cryptocurrencies hit $2 trillion in August and traders are developing optimistic again that it's going to reach file highs it arrived at previously in the yr and perhaps surpass it. This wave of optimism is bolstering URBT'S self confidence in mining best cryptocurrencies like Bitcoin and Ethereum. Several analysts, together with Bloomberg presently predict that Bitcoin, which has just passed the $46,000 mark could hit $100,000 by the end in the yr, with other cryptocurrencies adhering to fit.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), Talking regarding the stock rally: "Our investors could be enthusiastic about the direction our company is having as we enter into your crypto mining House. We have been a company for the future, and we see that a financial revolution is already going down that may be transforming every sector of your overall economy is coming, and we want to certainly be a Portion of that. Presently, The existing value of the cryptocurrency current market is greater than top firms like Fb, Amazon, and Tesla! I'm assured the general performance of our stock right this moment is evidence that we have been making the best selections and buyers who will be continuously observing the market alterations can see this. Also, we are really proud to possess a capable Specialist capable crew to lead our crypto mining operations and head the groups that could be responsible for driving the smooth functions of this company."

If you would like to understand more details on URBT's crypto mining operation and the corporation generally speaking, be sure to check out https://urbt.com/

Risk-free Harbor Assertion: This press launch could include ahead-seeking statements throughout the that means of Section 27A with the Securities Act of 1933 and Segment 21E of more info your Securities Exchange Act of 1934. These forward-hunting statements are depending on present-day programs and anticipations of administration and are topic to many uncertainties and hazards that would considerably have an impact on the company's existing strategies and anticipations, and long term final results of operations and economic issue. For an interview with Mr. Collins or To find out more with regards to URBT, you should take a look at our Web page at URBT.com.