Urban Television Community (URBT) Stock Rally Amid News That it'll Begin Crypto Mining Operation

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

Urban Television Community Corp (OTC PINK:URBT) proudly announces that its shares are rallying amid news it will commence crypto mining functions on November 1, 2021, according to its programs to expand by breaking into the cryptocurrency sector. The task, that will target Bitcoin and Ethereum mining, will probably be led by Kimberly Douglas, a crypto mining pro and an advocate for mass adoption. She'll choose charge of and create a group to execute URBT's blockchain-based mostly mining activities and cryptocurrency linked enterprise.

Trader self-assurance has risen on account of these bulletins, an envisioned myriad of strategic adjustments to observe as well as exciting growth the cryptocurrency market place is at the moment witnessing. The board of URBT experienced previously permitted the crypto mining Procedure to choose of with roughly 200 higher-powered mining Pc techniques acquired from trustworthy companies across the country underneath the leadership of a crypto fanatic and crypto mining skilled, Kimberly Douglas.

Soon after a lot more than three months of lows within the crypto market due to the fact 2021 began, thanks in areas to Tesla's change from accepting Bitcoin for payment, the combined value of the earth's cryptocurrencies hit $2 trillion in August and traders are expanding optimistic all over again that it will arrive at document highs it attained previously during the yr and perhaps surpass it. This wave of optimism is bolstering URBT'S self confidence in mining top 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 strike $a hundred,000 by the top from the calendar year, with other cryptocurrencies following suit.

Joseph Collins, CEO of City Television set Community Corp (OTC PINK: URBT), speaking with regards to the inventory rally: "Our traders might be excited about the direction our business is having as we enter into your crypto mining House. We have been a company for the future, and we see that a financial revolution is already going down that is definitely transforming every sector of your overall economy is coming, and we want to certainly be a Section of that. Presently, The current worth of the cryptocurrency sector is more substantial than top firms like Fb, Amazon, and Tesla! I'm assured the performance of our stock today is evidence that we've been producing the ideal decisions and investors who're frequently observing the industry modifications can see this. On top of that, we are very very pleased to possess a able professional able workforce to steer our crypto mining functions and head the teams that can be answerable for driving The sleek operations of the business enterprise."

If you would like to see more about URBT's crypto mining Procedure and the corporation generally speaking, you should check out https://urbt.com/

Risk-free Harbor Assertion: This press launch may possibly have ahead-hunting statements within the this means of Area 27A from the Securities Act of 1933 and Part 21E in the Securities Trade Act of 1934. These ahead-searching statements are based on recent plans and expectations of management and they are topic to check here a variety of uncertainties and dangers that would considerably have an impact on the company's existing options and anticipations, and long term benefits of operations and fiscal ailment. For an job interview with Mr. Collins or To learn more about URBT, be sure to visit our Web site at URBT.com.