URBT Television Community (URBT) Inventory Rally Amid News That It Will Commence Crypto Mining Procedure

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

City Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it will eventually start crypto mining functions on November one, 2021, in step with its strategies to grow by breaking to the cryptocurrency sector. The undertaking, that will concentrate on Bitcoin and Ethereum mining, will be led by Kimberly Douglas, a crypto mining expert and an advocate for mass adoption. She is going to take cost of and establish a workforce to carry out URBT's blockchain-centered mining actions and cryptocurrency similar small business.

Trader self esteem has risen as a result of these announcements, an anticipated myriad of strategic modifications to observe and the thrilling progress the cryptocurrency current market is at this time witnessing. The board of URBT experienced before authorized the crypto mining operation to get of with somewhere around 200 substantial-driven mining Laptop or computer methods acquired from dependable makers across the nation under the leadership of the crypto enthusiast and crypto mining professional, Kimberly Douglas.

Soon after in excess of 3 months of lows inside the crypto industry considering the fact that 2021 started, because of in components to Tesla's turn from accepting Bitcoin for payment, the put together worth of the world's cryptocurrencies strike $two trillion in August and traders are growing optimistic all over again that it will attain document highs it achieved previously within the 12 months and also surpass it. This wave of optimism is bolstering URBT'S self esteem in mining leading cryptocurrencies like Bitcoin and Ethereum. A lot of analysts, together with Bloomberg currently predict that Bitcoin, which has just passed the $46,000 mark could hit $100,000 by website the end in the yr, with other cryptocurrencies adhering to match.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking in regards to the stock rally: "Our investors could be excited about the direction our organization is using as we enter to the crypto mining Place. We have been a company for the future, and we see that a economic revolution is currently taking place that's reworking just about every sector on the financial system is coming, and we wish to be described as a Section of that. Presently, The current worth of the cryptocurrency market is much larger than prime businesses like Fb, Amazon, and Tesla! I'm confident the performance of our stock at this moment is proof that we've been generating the right choices and traders who will be continually observing the marketplace changes can see this. Additionally, we are very very pleased to possess a able Experienced able workforce to lead our crypto mining functions and head the teams that should be accountable for driving the smooth functions of the business enterprise."

If you would like to understand more details on URBT's crypto mining operation and the organization generally, please visit https://urbt.com/

Safe Harbor Assertion: This press launch could have ahead-wanting statements inside the meaning of Portion 27A on the Securities Act of 1933 and Segment 21E of your Securities Exchange Act of 1934. These forward-on the lookout 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 organization's recent designs and anticipations, in addition to long run success of functions and financial problem. For an interview with Mr. Collins or To find out more relating to URBT, remember to take a look at our Web-site at URBT.com.