URBT Tv Network (URBT) Inventory Rally Amid News That It Will Start Crypto Mining Procedure

URBT stocks rally as the business announces get off its crypto mining operations

City Tv Community Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid news it can start out crypto mining functions on November 1, 2021, in keeping with its ideas to increase by breaking into your cryptocurrency field. The job, which can goal Bitcoin and Ethereum mining, will likely be led by Kimberly Douglas, a crypto mining specialist and an advocate for mass adoption. She will take cost of and establish a staff to perform URBT's blockchain-based mostly mining actions and cryptocurrency related business.

Investor self-assurance has risen on account of these bulletins, an envisioned plethora of strategic adjustments to abide by plus the interesting growth the cryptocurrency market place is at the moment witnessing. The board of URBT experienced previously approved the crypto mining Procedure to choose of with roughly 200 large-powered mining Computer system units purchased from trustworthy makers across the country under the Management of a crypto fanatic and crypto mining expert, Kimberly Douglas.

Following greater than three months of lows during the crypto market due to the fact 2021 started, thanks in sections to Tesla's change from accepting Bitcoin for payment, the combined value of the whole world's cryptocurrencies hit $two trillion in August and investors are escalating optimistic once again that it'll achieve record highs it attained previously in the 12 months as well as surpass it. This wave of optimism is bolstering URBT'S assurance in mining prime cryptocurrencies like Bitcoin and Ethereum. Quite a few analysts, which includes Bloomberg by now forecast that Bitcoin, which 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), Talking regarding the stock rally: "Our investors may be excited about the direction our business is having as we enter into your crypto mining Place. We have been a company for the future, and we see that a financial revolution is already going down that may be transforming each sector of the financial state is coming, and we want to be considered a Element of that. Presently, The present price of the cryptocurrency marketplace is larger sized than prime firms like Fb, Amazon, and Tesla! I am self-confident the overall performance of our stock right now is proof that we're earning the correct conclusions and buyers who are consistently observing the industry changes can see this. Additionally, we are really very pleased to possess a able Experienced able staff to steer our crypto mining operations and head the teams which will here be answerable for driving The sleek operations of this business."

If you would like to see more about URBT's crypto mining operation and the company generally, please stop by https://urbt.com/

Harmless Harbor Statement: This push release may comprise forward-searching statements throughout the that means of Segment 27A of your Securities Act of 1933 and Area 21E from the Securities Exchange Act of 1934. These forward-looking statements are dependant on recent plans and expectations of administration and they are matter to a number of uncertainties and pitfalls that could drastically affect the business's present-day ideas and expectations, and also upcoming results of functions and monetary problem. For an interview with Mr. Collins or for more information regarding URBT, make sure you pay a visit to our Internet site at URBT.com.