The9 LtdNCTY
About: The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Other, out of which Crypto mining business derives maximum revenue.
Employees: 50
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
21% more capital invested
Capital invested by funds: $3.42M [Q4 2024] → $4.12M (+$707K) [Q1 2025]
0% more ownership
Funds ownership: 0.01% [Q4 2024] → 0.01% (+0%) [Q1 2025]
13% less funds holding
Funds holding: 16 [Q4 2024] → 14 (-2) [Q1 2025]
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Research analyst outlook
We haven’t received any recent analyst ratings for NCTY.
Financial journalist opinion









