Urban Tv Network (URBT) Inventory Rally Amid News That it's going to Start off Crypto Mining Operation

URBT stocks rally as the company announces acquire off its crypto mining functions

City Television Network Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it'll get started crypto mining operations on November 1, 2021, in keeping with its plans to broaden by breaking into the cryptocurrency marketplace. The task, that will target Bitcoin and Ethereum mining, will probably be led by Kimberly Douglas, a crypto mining pro and an advocate for mass adoption. She'll just take charge of and create a group to execute URBT's blockchain-based mostly mining actions and cryptocurrency related small business.

Investor self-assurance has risen on account of these bulletins, an envisioned plethora of strategic adjustments to abide by plus the fascinating expansion the cryptocurrency market is presently witnessing. The board of URBT had earlier accepted the crypto mining Procedure to consider of with approximately two hundred substantial-powered mining Computer system systems obtained from dependable makers across the country under the Management of the crypto fanatic and crypto mining qualified, Kimberly Douglas.

Following over three months of lows in the crypto marketplace considering that 2021 started, due in parts to Tesla's turn from accepting Bitcoin for payment, the put together worth of the whole world's cryptocurrencies hit $two trillion in August and investors are rising optimistic once again that it'll get to record highs it achieved previously within the 12 months as well as surpass it. This wave of optimism is bolstering URBT'S confidence in mining prime cryptocurrencies like Bitcoin and Ethereum. Quite a few analysts, click here such as Bloomberg by now forecast that Bitcoin, that has just passed the $46,000 mark could strike $a hundred,000 by the top of the year, with other cryptocurrencies subsequent fit.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking in regards to the stock rally: "Our traders might be excited about the path our firm is getting as we enter in the crypto mining Place. We have been a company for the future, and we see that a financial revolution is currently taking place that is reworking every single sector on the financial system is coming, and we wish to be described as a Portion of that. Presently, The current worth of the cryptocurrency market is more substantial than leading corporations like Facebook, Amazon, and Tesla! I'm assured the overall performance of our inventory at this time is proof that we have been creating the appropriate decisions and investors who're frequently observing the market improvements can see this. Moreover, we are quite happy to have a capable Skilled capable crew to guide our crypto mining functions and head the teams that can be to blame for driving the smooth functions of this small business."

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

Safe Harbor Assertion: This press release might contain ahead-seeking statements within the this means of Area 27A from the Securities Act of 1933 and Part 21E in the Securities Trade Act of 1934. These ahead-hunting statements are according to present-day programs and anticipations of administration and therefore are subject matter to numerous uncertainties and challenges that may drastically impact the business's present-day ideas and expectations, and also upcoming outcomes of operations and economic issue. For an interview with Mr. Collins or To find out more pertaining to URBT, be sure to stop by our website at URBT.com.