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

URBT shares rally as the business announces take off its crypto mining functions

City Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it can start off crypto mining operations on November 1, 2021, in line with its options to develop by breaking in the cryptocurrency sector. The undertaking, that will 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'll acquire charge of and create a team to perform URBT's blockchain-based mining functions and cryptocurrency connected company.

Trader self-assurance has risen on account of these bulletins, an envisioned myriad of strategic modifications to observe as well as exciting growth the cryptocurrency industry is currently witnessing. The board of URBT experienced before authorized the crypto mining operation to consider of with approximately two hundred high-run mining Pc techniques obtained from dependable companies across the country underneath the leadership of the crypto enthusiast and crypto mining specialist, Kimberly Douglas.

Right after a lot more than three months of lows in the crypto sector considering that 2021 began, owing in sections to Tesla's change from accepting Bitcoin for payment, the mixed price of the entire world's cryptocurrencies strike $2 trillion in August and buyers are rising optimistic once more that it'll achieve document highs it achieved previously within the 12 months and also surpass it. This wave of optimism is bolstering URBT'S assurance in mining best 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 in the yr, with other cryptocurrencies adhering to match.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking concerning the stock rally: "Our buyers can be enthusiastic about the direction our business is having as we enter in the crypto mining Place. We have been an organization for the longer term, and we see that a economical revolution is now occurring that is certainly transforming each individual sector with more info the economic system is coming, and we wish to become a part of that. Presently, The present price of the cryptocurrency market is more substantial than top firms like Fb, Amazon, and Tesla! I am assured the performance of our stock today is evidence that we've been producing the ideal decisions and investors who're regularly observing the industry modifications can see this. Additionally, we are very very pleased to possess a capable Specialist capable crew to lead our crypto mining operations and head the groups that will be accountable for driving the smooth functions of the organization."

If you'd like to learn more details on URBT's crypto mining Procedure and the business on the whole, remember to go to https://urbt.com/

Secure Harbor Assertion: This press launch might include ahead-seeking statements within the indicating of Segment 27A of the Securities Act of 1933 and Part 21E from the Securities Exchange Act of 1934. These forward-looking statements are based upon existing designs and expectations of management and so are subject to a variety of uncertainties and dangers that would considerably have an impact on the company's existing options and anticipations, and long term benefits of operations and economical situation. For an interview with Mr. Collins or To find out more with regards to URBT, you should stop by our Web site at URBT.com.