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

URBT stocks rally as the company announces choose off its crypto mining operations

Urban Tv Community Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid information it will eventually get started crypto mining operations on November 1, 2021, according to its programs to broaden by breaking in to the cryptocurrency market. The task, which can target Bitcoin and Ethereum mining, is going to be led by Kimberly Douglas, a crypto mining skilled and an advocate for mass adoption. She'll choose cost of and set up a team to perform URBT's blockchain-based mostly mining routines and cryptocurrency similar small business.

Investor self esteem has risen because of these announcements, an envisioned plethora of strategic alterations to adhere to along with the exciting growth the cryptocurrency current market is now witnessing. The board of URBT had earlier permitted the crypto mining Procedure to take of with about two hundred superior-run mining Pc programs acquired from trusted manufacturers across the country under the Management of the crypto enthusiast and crypto mining skilled, Kimberly Douglas.

Just after more than a few months of lows in the crypto market since 2021 commenced, owing in areas to Tesla's change from accepting Bitcoin for payment, the mixed value of the globe's cryptocurrencies hit $two trillion in August and investors are escalating optimistic all over again that it's going to attain history highs it attained 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, here which includes Bloomberg check here now predict that Bitcoin, which has just passed the $46,000 mark could strike $a hundred,000 by the end in the 12 months, with other cryptocurrencies next suit.

Joseph Collins, CEO of Urban TV Network Corp (OTC PINK: URBT), Talking concerning the stock rally: "Our investors might be excited about the route our corporation is having as we enter into your crypto mining space. We are a corporation for the longer term, and we see that a financial revolution is currently taking place that's reworking each individual sector of your economy is coming, and we wish to be described as a Portion of that. Presently, The current price of the cryptocurrency industry is larger sized than top rated firms like Fb, Amazon, and Tesla! I am self-assured the effectiveness of here our stock at this moment is proof that we have been creating the appropriate decisions and traders who will be continually observing the industry adjustments can see this. Also, we are quite happy to possess a able Experienced able group to guide our crypto mining operations and head the teams that can be chargeable for driving The graceful functions of the small business."

If you would like to find out more details on URBT's crypto mining Procedure and the organization normally, remember to check out https://urbt.com/

Risk-free Harbor Statement: This press launch may possibly incorporate forward-searching statements within the this means of Portion 27A with the Securities Act of 1933 and Area 21E in the Securities Trade Act of 1934. These forward-on the lookout statements are dependant on latest strategies and expectations of management and they are subject matter to several uncertainties and risks that would substantially impact the corporate's existing options and expectations, and also future final results of operations and economical situation. For an interview with Mr. Collins or To find out more pertaining to URBT, please pay a visit to our Web page at URBT.com.

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