Urban Television Community (URBT) Inventory Rally Amid News That it'll Begin Crypto Mining Operation

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

Urban Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid information it's going to start off crypto mining functions on November 1, 2021, according to its programs to broaden by breaking in to the cryptocurrency market. The undertaking, which can target Bitcoin and Ethereum mining, will likely be led by Kimberly Douglas, a crypto mining specialist and an advocate for mass adoption. She'll acquire charge of and build a staff to carry out URBT's blockchain-based mining things to do and cryptocurrency linked organization.

Trader self esteem has risen because of these announcements, an predicted myriad of strategic changes to observe and the fascinating advancement the cryptocurrency industry is presently witnessing. The board of URBT had previously authorised the crypto mining operation to get of with close to two hundred superior-driven mining Laptop or computer methods ordered from reliable brands across the nation underneath the Management of a crypto enthusiast and crypto mining professional, Kimberly Douglas.

Soon after in excess of 3 months of lows while in the crypto current market due to the fact 2021 started, due in parts to Tesla's turn from accepting Bitcoin for payment, the combined worth of the whole world's cryptocurrencies hit $two trillion in August and traders are developing optimistic again that it'll get to record highs it arrived at earlier during the yr and in some cases surpass it. This wave of optimism is bolstering URBT'S self-assurance in mining top cryptocurrencies like Bitcoin and Ethereum. A lot of analysts, together with Bloomberg previously forecast that Bitcoin, that has just passed the $46,000 mark could strike $a hundred,000 by the top in the yr, with other cryptocurrencies pursuing go well with.

Joseph Collins, CEO of City Television set Community Corp (OTC PINK: URBT), Talking in regards to the inventory rally: "Our traders is usually enthusiastic about the direction our organization is click here using as we enter to the crypto mining Place. We have been a company for the long run, and we see that a fiscal revolution is by now occurring that may be reworking each and every sector in the financial system is coming, and we want to certainly be a Component of that. Presently, The present price of the cryptocurrency current market is greater than leading providers like Facebook, Amazon, and Tesla! I'm confident the performance of our stock at this time is evidence that we have been creating the ideal choices and traders who are constantly observing the marketplace variations can see this. Additionally, we are very proud to have a capable Skilled capable staff to steer our crypto mining functions and head the groups that will be answerable for driving The sleek operations of this enterprise."

If you'd like to determine more about URBT's crypto mining operation and the business usually, be sure to stop by https://urbt.com/

Safe Harbor Assertion: This press launch may perhaps comprise forward-seeking statements inside the meaning get more info of Portion 27A of your Securities Act of 1933 and Area 21E read more in the Securities Trade Act of 1934. These forward-looking statements are dependant on latest strategies and anticipations of management and they are matter to numerous uncertainties and challenges that can significantly have an impact on the organization's present-day programs and expectations, as well as foreseeable future results of operations and economic ailment. For an job interview with Mr. Collins or for more information with regards to URBT, be sure to go to our Internet site at URBT.com.