The9 Limited

NCTY

US88337K4013

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
6.92 ^USD	+2.67%		+13.82%	-7.61%

Apr. 19	Asian Equities Traded in the US as American Depositary Receipts Fall Again in Friday Trading	MT
Apr. 16	Financial, Telecoms Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Sharply Lower Tuesday	MT

The9 Implementated the Framework Agreement to Purchase the Second Batch of Whatsminer Bitcoin Mining Machines, Increasing the Hash Rate by 40Ph/S

March 22, 2021 at 04:00 am EDT

The9 Limited announced that its wholly owned subsidiary NiuLian Technology (ShaoXing) Co. Ltd. has signed the second purchase agreement with Shenzhen MicroBT Electronics Technology Co. Ltd. ("MicroBT"), the manufacturer of WhatsMiner bitcoin mining machines, under the framework agreement previously signed. This second batch of purchase consists of 482 WhatsMiner M31S+ machines. The hash rate of each of these WhatsMiner M31S+ machines is approximately 80-86TH/s, with the power consumption of approximately 38-42W/T. These WhatsMiner M31S+ machines had been delivered and The9's Bitcoin hash rate will be increased by approximately 40 PH/s. The9 and MicroBT signed a strategic cooperation framework agreement in February this year. The9 will purchase a total of 5,000 WhatsMiner bitcoin mining machines from MicroBT within one year. This second batch of WhatsMiner bitcoin mining machines further increased The9's Bitcoin hash rate.

Latest news about The9 Limited

Asian Equities Traded in the US as American Depositary Receipts Fall Again in Friday Trading	Apr. 19	MT
Financial, Telecoms Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Sharply Lower Tuesday	Apr. 16	MT
The9 Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 15	CI
Solar, Telecoms Stocks Pull Asian Equities Traded in the US as American Depositary Receipts Lower on Wednesday	Apr. 10	MT
Asian Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading	Mar. 26	MT
The9 Limited entered into a definitive share purchase agreement to acquire additional 21.7% stake in WM Therapeutics Co., Ltd. for approximately $6.1 million.	Mar. 25	CI
SMI Vantage Enters Agreement with The9 Through Wholly-Owned Subsidiary	Mar. 11	MT
The9 Limited singed legally binding term sheet to acquire 51% stake in Shenma Limited for $15.3 million.	Mar. 04	CI
Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Monday Trading	Feb. 26	MT
Asian Equities Traded in the US as American Depositary Receipts Nudge Lower in Wednesday Trading	Feb. 21	MT
Zhejiang Fazhidao Information Technology Co., Ltd. announced that it has received $15.2 million in funding from The9 Limited	Feb. 18	CI
Asian Equities Traded in the US as American Depositary Receipts Move Lower in Friday Trading; End Week Down 1%	Feb. 02	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Lower Friday; End Week Up Over 2%	Jan. 26	MT
Financial Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Slightly Higher in Thursday Trading	Jan. 25	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading	Jan. 22	MT
Asian Equities Traded in the US as American Depositary Receipts Closer Week Lower	Jan. 19	MT
Asian Equities Traded in the US as American Depositary Receipts Sharply Lower in Tuesday Trading	Jan. 16	MT
Asian Equities Traded in the US as American Depositary Receipts Slump in Tuesday Trading	Jan. 09	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Wednesday Trading	Jan. 03	MT
Asian Equities Traded in the US as American Depositary Receipts Open 2024 Trading Sharply Lower	Jan. 02	MT
The9 Limited Reports Earnings Results for the Half Year Ended June 30, 2023	Dec. 29	CI
Asian Equities Traded in the US as American Depositary Receipts Trend Slightly Lower in Friday Trading	Dec. 01	MT
Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Thursday Trading	Nov. 30	MT
The9 Closes $12 Million Private Placement with Singapore's Bripheno	Nov. 30	MT
The9 Limited announced that it has received $12 million in funding from Bripheno Pte. Ltd.,	Nov. 29	CI

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Company Profile

The9 Ltd is a China-based holding company principally engaged in the Internet game business. The Company's main businesses are the operation and development of mobile phones and computer games. The Company offers online games, including massively multiplayer online role playing games (MMORPGs), massively multiplayer online first-person shooter games (MMOFPSs), Web games, social games, mobile games and television games. The Company's main products include Legend of Immortals, The World of Kings, CrossFire and others. The Company is also engaged in cryptocurrency mining and operations, as well as the development of non-fungible token platform NFTSTAR. The Company conducts business through subsidiaries in mainland China, the United States, Singapore and Hong Kong.

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Blockchain & Cryptocurrency

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Sector Cryptocurrency Mining

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