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Public Companies

The9 Limited

🇺🇸 United StatesNCTYNASDAQ

BTC Holdings

The9 Limited held BTC since March 2025.

BTC Holdings
285
$17.96M

Key Metrics

Market Cap
$69.3M
mNAV
3.86×
Volume (30d)
$7.3M

About The9 Limited

The9 Limited is a company that mines cryptocurrencies in regions such as China, Eastern Europe, Asia, and North America. It began as GameNow.net Limited in 1999 and became The9 Limited in 2004. Based in Shanghai, the company moved from its original business to focus on cryptocurrency mining, reflecting the global rise of digital currencies and blockchain technology.

The9 Limited mainly focuses on mining bitcoins. This involves solving complex mathematical problems to verify transactions on the blockchain. By doing this, the company earns digital currencies like Bitcoin as rewards. Operating across various regions allows The9 Limited to access different energy sources and regulatory environments, thereby improving its mining efficiency and profitability.

The9 Limited’s business model relies heavily on Bitcoin, the most recognized cryptocurrency. By focusing on Bitcoin mining, the company operates in a widely accepted and active market. This approach supports its core business and positions it in a high-demand niche that could benefit from Bitcoin’s long-term growth. The company’s involvement in Bitcoin mining highlights its aim to remain a major player in the cryptocurrency industry.

As of July 2026, it held 285 BTC valued at $18.0M.

The9 Limited — BTC Holdings Over Time

0100200Mar 2025Apr 2025Apr 2025May 2025May 2025Jun 2025Jun 2025Jul 2025Jul 2025Jul 2025

Historical Performance

Market Cap History

$43.9M$76.4M$109.0M$141.5M$174.0MAug 1, 2025Sep 25, 2025Nov 25, 2025Jan 29, 2026Apr 1, 2026Jun 3, 2026

NAV History

$32.1M$32.4M$32.8M$33.1M$33.5MAug 1, 2025Aug 3, 2025Aug 5, 2025Aug 7, 2025