Urban Television Community (URBT) Stock Rally Amid Information That it's going to Start off Crypto Mining Operation

URBT shares rally as the company announces choose off its crypto mining functions

City Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid information it'll get started crypto mining operations on November one, 2021, in line with its designs to extend by breaking into your cryptocurrency marketplace. The job, that can concentrate on Bitcoin and Ethereum mining, are going to be led by Kimberly Douglas, a crypto mining qualified and an advocate for mass adoption. She's going to choose charge of and build a team to perform URBT's blockchain-primarily based mining actions and cryptocurrency similar small business.

Trader self esteem has risen as a result of these bulletins, an expected myriad of strategic improvements to adhere to as well as the interesting growth the cryptocurrency market place is at this time witnessing. The board of URBT experienced before approved the crypto mining Procedure to take of with around 200 substantial-driven mining Computer system systems bought from trustworthy makers across the country under the Management of a crypto enthusiast and crypto mining professional, Kimberly Douglas.

Right after a lot more than three months of lows within the crypto marketplace since 2021 started, due in parts to Tesla's transform from accepting Bitcoin for payment, the merged worth of the globe's cryptocurrencies hit $2 trillion in August and investors are rising optimistic once again that it will access document highs it attained previously in the 12 months as well as surpass it. This wave of optimism is bolstering URBT'S confidence in mining prime cryptocurrencies like Bitcoin and Ethereum. Quite a few analysts, such as Bloomberg by now forecast that Bitcoin, that has just passed the $46,000 mark could hit $100,000 by the end with the yr, with other cryptocurrencies adhering to match.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking with regards to the inventory rally: "Our traders might be excited about the path our firm is using as we enter to the crypto mining Room. We're an organization for the future, and we see that a financial revolution is already going down that may be reworking each sector of the economic climate is coming, and we want to be a Component of get more info that. Presently, The current price of the cryptocurrency marketplace is bigger than best providers like Facebook, Amazon, and Tesla! I am self-assured the functionality of our inventory at the moment is evidence that we're making the appropriate decisions and investors who're frequently observing the market alterations can see this. Furthermore, we are quite happy to possess a capable Skilled capable staff to guide our crypto mining operations and head the groups which will be answerable for driving The graceful operations of this company."

If you would like to discover more details on URBT's crypto mining Procedure and the corporate generally speaking, be sure to take a look at https://urbt.com/

Safe and sound Harbor Statement: This push release may perhaps comprise forward-looking statements throughout the that means of Section 27A of your Securities Act of 1933 and Area 21E from the Securities Exchange Act of 1934. These forward-looking statements are dependant on existing designs and expectations of management and they are topic to a variety of uncertainties and dangers which could substantially have an affect on the organization's latest plans and expectations, along with long run results of functions and economical situation. For an interview with Mr. Collins or To find out more pertaining to URBT, be sure to visit our Site at URBT.com.