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

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

Urban Television Network Corp (OTC PINK:URBT) proudly announces that its stocks are rallying amid information it will start crypto mining operations on November one, 2021, in keeping with its strategies to extend by breaking into your cryptocurrency industry. The task, that may target Bitcoin and Ethereum mining, is going to be led by Kimberly Douglas, a crypto mining expert and an advocate for mass adoption. She is going to consider cost of and establish a group to execute URBT's blockchain-dependent mining pursuits and cryptocurrency related business.

Investor self confidence has risen as a result of these announcements, an predicted plethora of strategic adjustments to follow as well as the enjoyable growth the cryptocurrency market place is now witnessing. The board of URBT experienced earlier accepted the crypto mining operation to get of with about two hundred significant-run mining computer units purchased from trustworthy makers across the country under the Management of a crypto enthusiast and crypto mining expert, Kimberly Douglas.

Following over three months of lows in the crypto market since 2021 commenced, because of in parts to Tesla's turn from accepting Bitcoin for payment, the put together worth of the whole world's cryptocurrencies hit $two trillion in August and buyers are rising optimistic once more that it'll achieve history highs it attained earlier during the yr and in some cases surpass it. This wave of optimism is bolstering URBT'S self esteem in mining leading cryptocurrencies like Bitcoin and Ethereum. A lot of analysts, together with Bloomberg currently predict that Bitcoin, which has just passed the $46,000 mark could hit $100,000 by the end with the yr, with other cryptocurrencies pursuing match.

Joseph Collins, CEO of Urban Television Network Corp (OTC PINK: URBT), speaking in regards to the stock rally: "Our investors could be excited about the direction our business is having as we enter into the crypto mining House. We've been a company for the long run, and we see that a economic revolution is currently taking place that's reworking every single sector on the financial system is coming, and we want to certainly be a Section of that. Presently, The current worth of the cryptocurrency marketplace is much larger than prime companies like Fb, Amazon, and Tesla! I'm confident the general performance of our stock at this moment is proof that we're earning the best selections and buyers who are consistently observing the industry alterations can see this. Also, we are incredibly happy to have a able professional capable team to steer our crypto mining functions and head the teams that could be responsible for driving The graceful functions of this enterprise."

If you'd like to find out more details on URBT's crypto mining operation and the organization generally, make sure you visit https://urbt.com/

Safe Harbor Assertion: This press launch might contain ahead-seeking statements within the indicating of Segment 27A of the Securities Act of 1933 and Part 21E from the Securities Exchange Act of 1934. These ahead-searching statements are dependant on recent plans and expectations of management and they are topic to a variety of uncertainties and click here dangers that would considerably have an affect on the organization's recent designs and anticipations, in addition to foreseeable future success of functions and economical situation. For an interview with Mr. Collins or for more information relating to URBT, remember to check out our Web page at URBT.com.