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

URBT shares rally as the business announces consider off its crypto mining functions

Urban Television Community Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it can start out crypto mining functions on November 1, 2021, according to its ideas to broaden by breaking into the cryptocurrency marketplace. The task, which can concentrate on Bitcoin and Ethereum mining, will probably be led by Kimberly Douglas, a crypto mining pro and an advocate for mass adoption. She'll acquire charge of and create a team to perform URBT's blockchain-based mining functions and cryptocurrency connected business.

Trader self confidence has risen on account of these bulletins, an envisioned myriad of strategic alterations to abide by plus the interesting advancement the cryptocurrency marketplace is at present witnessing. The board of URBT had earlier accepted the crypto mining Procedure to take of with roughly 200 higher-powered mining Pc techniques acquired from dependable companies across the country underneath the leadership of the crypto enthusiast and crypto mining professional, Kimberly Douglas.

Following greater than a few months of lows from the crypto industry due to the fact 2021 began, owing in elements to Tesla's transform from accepting Bitcoin for payment, the merged value of the entire world's cryptocurrencies hit $two trillion in August and investors are increasing optimistic once more that it's going to reach report highs it arrived at earlier from the calendar year and also surpass it. This wave of optimism is bolstering URBT'S self esteem in mining top cryptocurrencies like Bitcoin and Ethereum. Several analysts, which include Bloomberg already predict that Bitcoin, that has just handed 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 TV Network Corp (OTC PINK: URBT), Talking about the inventory rally: "Our buyers is often excited about the path our organization is taking as we enter into the crypto mining Place. We have been a company for the future, and we see that a economical revolution is now occurring that is certainly transforming each individual sector with the economic system is coming, and we wish to become a part of that. Presently, The present price of the cryptocurrency industry is much larger than leading corporations like Fb, Amazon, and Tesla! I am assured the performance of our stock today is evidence that we have been making the best selections and buyers who will be continuously observing the market alterations can see more info this. Also, we are extremely proud to possess a able Qualified able crew to lead our crypto mining functions and head the groups that could be chargeable for driving The graceful operations of the business enterprise."

If you would like to determine more about URBT's crypto mining Procedure and the business on the whole, remember to go to https://urbt.com/

Safe Harbor Assertion: This push release may perhaps consist of forward-wanting statements inside the this means of Area 27A from the Securities Act of 1933 and Area 21E from the Securities Exchange Act of 1934. These forward-on the lookout statements are determined by current strategies and anticipations of administration and are matter to a number of uncertainties and hazards which could substantially have an impact on the company's existing options and anticipations, and long term final results of operations and economic issue. For an interview with Mr. Collins or To find out more with regards to URBT, remember to take a look at our Web page at URBT.com.