Urban Television Community (URBT) Stock Rally Amid News That It Will Start Crypto Mining Procedure

URBT stocks rally as the corporation announces acquire off its crypto mining functions

City Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid information it will commence crypto mining functions on November 1, 2021, in step with its programs to extend by breaking into your cryptocurrency field. The venture, which will concentrate on Bitcoin and Ethereum mining, will be led by Kimberly Douglas, a crypto mining qualified and an advocate for mass adoption. She's going to take cost of and establish a staff to carry out URBT's blockchain-centered mining routines and cryptocurrency relevant business.

Trader self confidence has risen as a result of these bulletins, an expected myriad of strategic alterations to follow and also the fascinating expansion the cryptocurrency marketplace is at present witnessing. The board of URBT had previously permitted the crypto mining Procedure to choose of with roughly 200 large-powered mining Laptop units purchased from dependable companies across the country underneath the Management of a crypto fanatic and crypto mining expert, Kimberly Douglas.

Following greater than three months of lows inside the crypto industry considering the fact that 2021 commenced, because of in elements to Tesla's transform from accepting Bitcoin for payment, the put together worth of the whole world's cryptocurrencies hit $two trillion in August and investors are escalating optimistic once again that it will get to document highs it attained previously in the yr as well as surpass it. This wave of optimism is bolstering URBT'S self esteem in mining best cryptocurrencies like Bitcoin and Ethereum. Quite a few analysts, such as Bloomberg by now forecast that Bitcoin, which has just passed the $46,000 mark could hit $one hundred,000 by the tip of your calendar year, with other cryptocurrencies subsequent fit.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking concerning the stock rally: "Our investors could be excited about the direction our business is having as we enter into the crypto mining Place. We have been a company for more info the future, and we see that a monetary revolution is presently happening which is reworking every single sector in the economic system is coming, and we wish to be described as a A part of that. Presently, The existing value of the cryptocurrency sector is greater than top corporations like Facebook, Amazon, and Tesla! I am self-confident the overall performance of our inventory right now is proof that we have been making the appropriate conclusions and investors who're regularly observing the industry adjustments can see this. On top of that, we are extremely proud to have a able professional able team to steer our crypto mining functions and head the teams that may be to blame for driving The graceful functions of this company."

If you'd like to find out more details on URBT's crypto mining operation and the business normally, make sure you go to https://urbt.com/

Secure Harbor Assertion: This press launch could have ahead-hunting statements within the this means of Part 27A in the Securities Act of 1933 and Section 21E with the Securities Trade Act of 1934. These forward-wanting statements are determined by present options and expectations of management and they are topic to many uncertainties and hazards which could substantially affect the business's present-day ideas and expectations, and also upcoming outcomes of operations and monetary issue. For an interview with Mr. Collins or To learn more pertaining to URBT, be sure to visit our Web site at URBT.com.