URBT Television Community (URBT) Stock Rally Amid Information That it's going to Get started Crypto Mining Operation

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

City Tv Network Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid information it is going to start out crypto mining functions on November one, 2021, consistent with its designs to expand by breaking in to the cryptocurrency market. The task, that can target Bitcoin and Ethereum mining, will likely be led by Kimberly Douglas, a crypto mining skilled and an advocate for mass adoption. She'll choose cost of and set up a team to execute URBT's blockchain-dependent mining pursuits and cryptocurrency related business.

Investor self confidence has risen because of these announcements, an predicted myriad of strategic improvements to stick to as well as the enjoyable development the cryptocurrency sector is presently witnessing. The board of URBT had previously approved the crypto mining Procedure to consider of with around 200 significant-run mining Laptop or computer techniques ordered from reliable manufacturers across the country underneath the Management of the crypto enthusiast and crypto mining skilled, Kimberly Douglas.

Just after greater than three months of lows inside the crypto market place considering that 2021 commenced, owing in sections to Tesla's change from accepting Bitcoin for payment, the mixed price of the globe's cryptocurrencies hit $two trillion in August and investors are growing optimistic all over again that it's going to achieve record highs it achieved before while in the year and even surpass it. This wave of optimism is bolstering URBT'S self confidence in mining leading cryptocurrencies like Bitcoin and Ethereum. A lot of analysts, together with Bloomberg presently forecast that Bitcoin, that has just passed the $46,000 mark could strike $a hundred,000 by the top in the 12 months, with other cryptocurrencies next suit.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking with regard to the inventory rally: "Our buyers may be excited about the route our corporation is having as we enter into the crypto mining House. We've been a corporation for check here the longer term, and we see that a economical revolution is already taking place that's reworking each individual sector of your economy is coming, and we wish to be described as a Section of that. Presently, The current price of the cryptocurrency market place is bigger than top providers like Facebook, get more info Amazon, and Tesla! I am confident the general performance of our stock right now is proof that we've been producing the proper selections and buyers who're frequently observing the market improvements can see this. Moreover, we are quite very pleased to possess a able professional able group to lead our crypto mining operations and head the teams that may be chargeable for driving the smooth functions of the business enterprise."

If you would like to find out more details on URBT's crypto mining operation and the company on the whole, you should take a look at https://urbt.com/

Harmless Harbor Statement: This more info press launch may well consist of forward-searching statements within the meaning of Portion 27A of your Securities Act of 1933 and Part 21E in the Securities Trade Act of 1934. These forward-looking statements are dependant on latest programs and anticipations of management and so are subject to many uncertainties and pitfalls that could appreciably have an effect on the company's recent plans and expectations, together with long term effects of functions and financial problem. For an interview with Mr. Collins or To learn more about URBT, make sure you check out our Web page at URBT.com.