Urban Tv Network (URBT) Inventory Rally Amid News That it'll Start out Crypto Mining Operation

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

City Television Network Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid news it will eventually commence crypto mining operations on November one, 2021, in keeping with its strategies to grow by breaking into the cryptocurrency business. The challenge, which will target Bitcoin and Ethereum mining, will likely be led by Kimberly Douglas, a crypto mining skilled and an advocate for mass adoption. She's going to take demand of and create a crew to carry out URBT's blockchain-primarily based mining routines and cryptocurrency similar business.

Investor self esteem has risen because of these announcements, an expected plethora of strategic adjustments to adhere to along with the exciting progress the cryptocurrency sector is presently witnessing. The board of URBT experienced before accepted the crypto mining operation to just take of with approximately 200 substantial-driven mining Pc devices bought from trusted suppliers across the nation underneath the Management of a crypto enthusiast and crypto mining pro, Kimberly Douglas.

Following over 3 months of lows from the crypto market place considering that 2021 began, thanks in parts to Tesla's flip from accepting Bitcoin for payment, the mixed price of the earth's cryptocurrencies hit $two trillion in August and traders are developing optimistic once more that it'll access file highs it reached before in the calendar year and in many cases surpass it. This wave of optimism is bolstering URBT'S self esteem in mining prime cryptocurrencies like Bitcoin and Ethereum. Lots of analysts, which include Bloomberg presently forecast that Bitcoin, that has just handed the $forty six,000 mark could strike $100,000 by the tip of your year, with other cryptocurrencies adhering to go well with.

Joseph Collins, CEO of City Television set Network Corp (OTC PINK: URBT), Talking concerning the stock rally: "Our traders could be enthusiastic about the direction our firm is getting as we enter into your crypto mining space. We are an organization for the future, and we see that a economic revolution is presently happening that is definitely transforming each and every sector on the overall economy is coming, and we wish to become a A part of that. Presently, The existing worth of the cryptocurrency marketplace is larger than major corporations like Facebook, Amazon, and Tesla! I am confident the performance of our inventory at the moment is evidence that we've been building the proper conclusions and investors that are constantly observing the marketplace changes can see this. more info On top of that, we are incredibly happy to possess a able professional here capable staff to steer our crypto mining functions and head the groups which will be chargeable for driving the smooth functions of the organization."

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

Harmless Harbor Statement: This press launch may well consist of forward-hunting statements inside the which means of Segment 27A read more from the Securities Act of 1933 and Portion 21E of your Securities Exchange Act of 1934. These ahead-seeking statements are depending on current ideas and anticipations of management and they are matter to several uncertainties and risks which could drastically have an effect on the company's recent ideas and expectations, and foreseeable future results of operations and fiscal ailment. 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.