Urban Television Community (URBT) Stock Rally Amid Information That it'll Start out 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 start out crypto mining functions on November 1, 2021, according to its plans to broaden by breaking in to the cryptocurrency business. The job, that can target 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 build a crew to execute URBT's blockchain-based mostly mining routines and cryptocurrency linked organization.

Trader self confidence has risen as a result of these bulletins, an expected myriad of strategic modifications to abide by along with the enjoyable growth the cryptocurrency market place is at the moment witnessing. The board of URBT had previously permitted the crypto mining Procedure to acquire of with approximately two hundred superior-driven mining Computer system units purchased from dependable companies across the country underneath the Management of a crypto enthusiast and crypto mining professional, Kimberly Douglas.

Right after a lot more than three months of lows within the crypto marketplace since 2021 started, due in pieces to Tesla's convert from accepting Bitcoin for payment, the blended value of the globe's cryptocurrencies strike $2 trillion in August and traders are growing optimistic yet again that it will access document highs it attained previously in the yr more info and perhaps surpass it. This wave of optimism is bolstering URBT'S self confidence in mining top cryptocurrencies like Bitcoin and Ethereum. Numerous analysts, like Bloomberg now forecast that Bitcoin, that has just passed 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 Television Network Corp (OTC PINK: URBT), Talking regarding the stock rally: "Our investors may be excited about the direction our business is having as we enter into your crypto mining Place. We have been a corporation for the long run, and we see that a fiscal revolution is previously happening that's reworking every single sector in the economic system is coming, and we wish to be described as a A part of that. Presently, The existing value of the cryptocurrency current market is bigger than major organizations like Fb, Amazon, and Tesla! I'm assured the performance of our stock today is evidence that we've been generating the right choices and traders that are frequently observing the market adjustments can see this. On top of that, we are very very pleased to possess a capable Qualified able staff to guide our crypto mining operations and head the teams which will be liable for driving The sleek operations of the organization."

If you'd like to learn more details on URBT's crypto mining Procedure and the business on the whole, make sure you go to https://urbt.com/

Safe Harbor Assertion: This push release may comprise forward-on the lookout statements in the which means of Portion 27A on the Securities Act of 1933 and Section 21E with the Securities Trade Act of 1934. These forward-on the lookout statements are based upon present options and expectations of management and therefore are issue to several uncertainties and threats that might appreciably impact the corporate's present-day ideas and expectations, and also long run results of functions and financial situation. For an interview with Mr. Collins or for more information concerning URBT, make sure you check out our Internet site at URBT.com.