Urban Television Network (URBT) Stock Rally Amid Information That it's going to Start off Crypto Mining Operation

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

City Tv Community Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid news it can start crypto mining operations on November one, 2021, in line with its plans to increase by breaking into your cryptocurrency industry. The job, that can target Bitcoin and Ethereum mining, will probably be led by Kimberly Douglas, a crypto mining qualified and an advocate for mass adoption. She is going to consider cost of and establish a workforce to perform URBT's blockchain-primarily based mining actions and cryptocurrency related business enterprise.

Investor self esteem has risen because of these announcements, an envisioned plethora of strategic adjustments to follow as well as the enjoyable development the cryptocurrency sector is presently witnessing. The board of URBT had previously approved the crypto mining Procedure to take of with somewhere around two hundred higher-powered mining Laptop or computer methods acquired from trusted manufacturers across the country under the leadership of the crypto fanatic and crypto mining expert, Kimberly Douglas.

Right after a lot more than 3 months of lows from the crypto current market considering that 2021 began, thanks in parts to Tesla's turn from accepting Bitcoin for payment, the combined worth of the planet's cryptocurrencies strike $2 trillion in August and buyers are escalating optimistic yet again that it's going to attain record highs it achieved before from here the year and perhaps surpass it. This wave of optimism is bolstering URBT'S assurance in mining prime cryptocurrencies like Bitcoin and Ethereum. Many analysts, together with Bloomberg previously forecast that Bitcoin, that has just handed the $forty six,000 mark could strike $100,000 by the tip of your year, with other cryptocurrencies adhering to fit.

Joseph Collins, CEO of City Television set Network Corp (OTC PINK: URBT), speaking with regard to the inventory rally: "Our investors could be excited about the route our enterprise is taking as we enter in to the crypto mining Room. We have been a company for the long run, and we see that a economical revolution is currently taking place which is transforming every sector of the economic system is coming, and we want to be a Element of that. Presently, The existing value of the cryptocurrency market is larger sized than top rated firms like Fb, Amazon, and Tesla! I am self-assured the general performance of our stock right now is evidence that we have been producing the right selections and investors who're constantly observing the marketplace changes can see this. On top of that, we are incredibly happy to possess more info a able professional capable crew to guide our crypto mining operations and head the teams that should be liable for driving The sleek functions of the enterprise."

If you'd like to determine more details on URBT's crypto mining Procedure and the corporation generally, remember to check out https://urbt.com/

Harmless Harbor Statement: This press launch may well consist of forward-hunting statements inside the which means of Segment 27A from the Securities Act of 1933 and Portion 21E of your Securities Exchange Act of 1934. These ahead-hunting statements are based upon recent ideas and anticipations of management and they are matter to several uncertainties and risks which could appreciably have an effect on the company's latest ideas and anticipations, more info in addition to upcoming outcomes of operations and money situation. For an interview with Mr. Collins or To learn more about URBT, remember to take a look at our Web site at URBT.com.