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

URBT shares rally as the corporation announces acquire off its crypto mining functions

Urban Television Community Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it can begin crypto mining functions on November 1, 2021, according to its programs to expand by breaking into the cryptocurrency sector. 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's going to 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 expected myriad of strategic alterations to follow as well as the interesting advancement the cryptocurrency industry is presently witnessing. The board of URBT had previously permitted the crypto mining Procedure to take of with around 200 substantial-driven mining Laptop or computer methods obtained from dependable makers across the country under the Management of the crypto enthusiast and crypto mining specialist, Kimberly Douglas.

Soon after in excess of 3 months of lows inside the crypto industry considering the fact that 2021 started, due in parts to Tesla's change from accepting Bitcoin for payment, the mixed price of the entire world's cryptocurrencies strike $two trillion in August and investors are growing optimistic yet again that it will arrive at file highs it reached previously during the yr and even surpass it. This wave of optimism is bolstering URBT'S self confidence in mining top cryptocurrencies like Bitcoin and Ethereum. Several analysts, together with Bloomberg presently forecast that Bitcoin, which has just passed the $46,000 mark could hit $100,000 by the end on the 12 months, with other cryptocurrencies pursuing match.

Joseph Collins, CEO of City Tv set Network Corp (OTC PINK: URBT), speaking in regards to the stock rally: "Our traders might be excited about the direction our organization is using as we enter in to the crypto mining Area. We are a corporation for the longer term, and we see that a money revolution is by now occurring that is definitely transforming every sector of the economy is coming, and we wish to be considered a check here Portion of that. Presently, The existing worth of the cryptocurrency market is much larger than best companies like Facebook, Amazon, and Tesla! I am self-assured the effectiveness of our inventory right this moment is evidence that we've been producing the ideal choices and traders who will be continuously observing the marketplace variations can see this. In addition, we are really very pleased to possess a able Experienced able workforce to steer our crypto mining functions and head the teams that could be responsible for driving the smooth functions of the organization."

If you'd like to determine more about URBT's crypto mining operation and the company generally, make sure you go to https://urbt.com/

Secure Harbor Assertion: This press launch may well incorporate ahead-wanting statements in the which means of Portion 27A with the Securities Act of 1933 and Segment 21E of the Securities Exchange Act of 1934. These forward-looking statements are dependant on recent ideas and anticipations of administration and are subject matter to numerous uncertainties and challenges that may appreciably impact the corporate's here present options and expectations, along with upcoming results of operations and economic issue. For an job interview with Mr. Collins or To learn more about URBT, please go to our Site at URBT.com.