Urban Tv Network (URBT) Inventory Rally Amid News That It Will Commence Crypto Mining Procedure

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

City Tv Community Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid news it will eventually commence crypto mining functions on November one, 2021, in step with its options to broaden by breaking in to the cryptocurrency market. The task, that will target Bitcoin and Ethereum mining, will likely be led by Kimberly Douglas, a crypto mining skilled and an advocate for mass adoption. She'll choose cost of and establish a team to perform URBT's blockchain-primarily based mining actions and cryptocurrency related business.

Trader assurance has risen because of these announcements, an envisioned plethora of strategic adjustments to adhere to as well as the enjoyable development the cryptocurrency sector is currently witnessing. The board of URBT had earlier permitted the crypto mining Procedure to take of with about two hundred superior-driven mining computer systems obtained from trustworthy makers across the nation beneath the leadership of the crypto fanatic and crypto mining expert, Kimberly Douglas.

Following a lot more than three months of lows within the crypto industry since 2021 commenced, owing in areas to Tesla's switch from accepting Bitcoin for payment, the merged worth of the world's cryptocurrencies strike $2 trillion in August and buyers are rising optimistic once again that it will arrive at file highs it reached previously inside the calendar year and in many cases surpass it. This wave of optimism is bolstering URBT'S self confidence in mining leading cryptocurrencies like Bitcoin and Ethereum. Quite a few analysts, which includes Bloomberg now predict that Bitcoin, which has just passed the $46,000 mark could strike $a hundred,000 by the top in the yr, with other cryptocurrencies next accommodate.

Joseph Collins, CEO of City TV Network Corp (OTC PINK: URBT), speaking in regards to the inventory rally: "Our traders is usually enthusiastic about the direction our firm is getting as we enter in the crypto mining House. We've been a corporation for the longer term, and we see that a financial read more revolution is presently happening that is certainly transforming each and every sector on the overall economy is coming, and we want to be considered a A part of that. Presently, The existing price of the cryptocurrency industry is larger than major corporations like Facebook, Amazon, and Tesla! I am self-assured the general performance of our stock right now is proof that we have been creating the ideal choices and traders who will be consistently observing the industry alterations can see this. Furthermore, we are certainly very pleased to have a able Expert capable staff website to steer our crypto mining functions and head the groups that should be liable for driving The sleek operations of this enterprise."

If you'd like to determine more about URBT's crypto mining operation and the business usually, be sure to stop by https://urbt.com/

Safe Harbor Assertion: This press launch may perhaps comprise forward-seeking statements within the meaning of Portion 27A of your Securities Act of 1933 and Part 21E on the Securities Trade Act of 1934. These forward-searching statements are according to current designs and expectations of administration and are subject matter to several uncertainties and risks that would drastically impact the corporation's existing designs and expectations, and also upcoming final results of operations and money situation. more info For an interview with Mr. Collins or To find out more pertaining to URBT, be sure to go to our Web site at URBT.com.