The9 Ltd. Sponsored

The9 Ltd. is engaged in the operation of online games. It operates through Greater China and Other Areas geographical segments. The firm is transitioning to cryptocurrencies mining business. The company was founded by Jun Zhu on December 22, 1999 and is headquartered in Shanghai, China.

The9 Ltd. is engaged in the operation of online games. It operates through Cryptocurrency Mining, and Corporate and Others segments. The company was founded by Jun Zhu on December 22, 1999, and is headquartered in Shanghai, China.

Pinduoduo Inc - ADR

Luokung Technology Corp

Investors weigh worries over Chinese sanctions.

Why The9 Limited, Pinduoduo, and Luokung Tech Stocks All Crashed Today

SHANGHAI, April 21, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding term sheet on a CAD4 million investment in Skychain Technologies Inc. ("Skychain"), a company listed in TSX Venture Exchange in Canada. The purpose of the investment is for the construction and operation of a 12 MW cryptocurrency mining facility located in Birtle, Manitoba, Canada.

The9 Signed a Legally Binding Term Sheet on an Investment in Skychain Technologies Inc. for Constructing Mining Facilities in Canada

SHANGHAI, April 9, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a legally binding Memorandum of Understanding (the "MOU") with an unrelated Bitcoin mining machine owner to purchase Bitcoin mining machines by the issuance of Class A ordinary shares. This batch of Bitcoin mining machines consists of 2,000 units of AvalonMiners with total hash rate of approximately 100PH/S.

The9 Signed a Legally Binding Memorandum of Understanding on the Additional Purchase of Bitcoin Mining Machines

Marathon Digital Holdings

Riot Blockchain

When Bitcoin goes down, so do these stocks.

Why Marathon Digital, Riot Blockchain, and The9 Stocks Were All Down Today

Bit Digital, Inc

Canaan Inc.

CleanSpark

Ebang International Holdings

China Rapid Finance

Hut 8 Mining Corp

Bitcoin mining stocks have been big winners over the past year benefiting from the bull market in cryptocurrencies. The industry is quickly evolving with a profitable business model at current bitcoin prices.

Sizing Up 12 Bitcoin Mining Stocks

This massive stock offering will give management a lot of cash to work with.

Why The9 Limited Stock Plummeted Today

SHANGHAI, March 31, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 3,765,100 American depositary shares (the "ADSs") of the Company, and warrants to purchase 2,823,825 ADSs, at a price of $33.20 per ADS and accompanying warrant, less underwriting discounts and commissions. The warrants offered in this offering has a term of three years and are exercisable by the holder at $36.00 per ADS at any time after the date of issuance.

The9 Limited Announces Pricing of Approximately $125.0 Million Bought Deal Offering of American Depositary Shares

The9 Limited (NCTY) Q4 2020 Results - Earnings Call Transcript

The stock price of The9 Limited (NASDAQ: NCTY) has increased by over 5% pre-market. This is why it happened.

NCTY Stock Price Increased Over 5% Pre-Market: Why It Happened

SHANGHAI, March 30, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed a Filecoin mining machine purchase and hosting agreement amounting to approximately US$2 million with a Filecoin mining service provider. In February 2021, The9 signed a US$10 million framework agreement with a Filecoin mining machine vendor to purchase Filecoin mining machines.

The9 Signed Filecoin Mining Machine Purchase and Hosting Agreement to Enhance Filecoin (FIL) Mining

SHANGHAI, March 29, 2021 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9") announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Security and Exchange Commission ("SEC") on March 29, 2021. The annual report, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://www.the9.com/en/.

The9 Limited Reports 2020 Audited Financial Results

The stock price of The9 Limited (NASDAQ: NCTY) has increased by over 10% pre-market. This is why it happened.

NCTY Stock Price Increased Over 10% Pre-Market: Why It Happened

SHANGHAI, March 22, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly owned subsidiary NiuLian Technology (ShaoXing) Co., Ltd. has signed the second purchase agreement with Shenzhen MicroBT Electronics Technology Co., Ltd.

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

SHANGHAI, March 19, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that its wholly-owned subsidiary NBTC Limited signed a Bitcoin mining machine purchase agreement (the "Purchase Agreement") with Bitmain Technologies Limited. Pursuant to the Purchase Agreement, The9 will purchase 24,000 Antminer S19j Bitcoin mining machines, which are scheduled to deliver starting from November 2021.

The9 and Bitmain Signed a Purchase Agreement for 24,000 Antminer S19j Bitcoin Mining Machines

The quarter couldn't have gone much better for this company, and yet results didn't come close to reaching the elevated expectations implied by the company's high stock price.

Why Marathon Digital Holdings Stock Fell Today Along With Other Cryptocurrency Stocks

SHANGHAI, March 15, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced the appointment of Mr. Wang Wei as the Vice President of NBTC Limited (hereinafter referred to as "NBTC"), a wholly-owned subsidiary of The9.

The9 Appointed Wang Wei as the Vice President of NBTC Limited

The returns have been stellar, but how much risk are investors taking on with these stocks right now?

Why Cryptocurrency Stocks Like Canaan, The9, and Riot Blockchain All Skyrocketed Today

The rising Bitcoin tide did not lift all boats equally.

Why SOS and The9 Skyrocketed Today While CleanSpark Lagged Behind Other Bitcoin Miners

SHANGHAI, March 9, 2021 /PRNewswire/ -- The9 Limited (NASDAQ: NCTY) ("The9"), an established Internet company, announced today that it will host a conference call and webcast on March 30, 2021 at 8:00 AM, U.S. Eastern Time (corresponding to March 30, 2021 at 8:00 PM, Beijing Time) to discuss The9's 2020 unaudited financial results and The9's recent development on the cryptocurrency mining business, which will be released on March 29, 2021. The press release will be available on The9's Investor Relations website located at https://www.the9.com/en/ Investors, analysts and other interested parties will be able to access the live conference by calling: PARTICIPANT DIAL IN (TOLL FREE): 1-888-346-8982 PARTICIPANT INTERNATIONAL DIAL IN: 1-412-902-4272 Canada Toll Free: 18556699657 Hong Kong Toll Free: 800-905945 Mainland China Toll Free: 4001-201203 Hong Kong-Local Toll: 852-301-84992 Additionally, The9 will also provide a live webcast of the call at https://services.themediaframe.com/links/ncty210330.html  About The9 Limited The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004.

The9 Limited to Report Unaudited Financial Results on March 30, 2021

The stock price of The9 Limited (NASDAQ: NCTY) is trading at over 18% pre-market. This is why it happened.

NCTY Stock Price Increases Over 18% Pre-Market: Why It Happened

SHANGHAI, March 9, 2021 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) ("The9"), an established Internet company, today announced that it signed three legally binding Memorandums of Understanding (collectively the "MOUs") with three unrelated Bitcoin mining machine owners to purchase Bitcoin...

The9 Signed Legally Binding Memorandums of Understanding on the Additional Purchase of Bitcoin Mining Machines

The stock price of The9 Limited (Nasdaq: NCTY) is trading at over 20% pre-market. This is why it happened.

NCTY Stock Price Increases Over 20% Pre-Market: Why It Happened

The stock price of The9 Limited (NASDAQ: NCTY) is trading at over 30% during intraday trading. This is why it happened.

NCTY Stock Price Increases Over 30% Intraday: Why It Happened

PayPal

Block

One of Wall Street's leading analyst firms posted a cautiously optimistic report on Bitcoin's future.

Here's Why Many Bitcoin Stocks Are Flying High Today

Cryptocurrencies are still floundering, but The9 has high hopes for the new head of its cryptocurrency business.

News for The9 Ltd. Sponsored Stock (NCTY)