The9 LTDNCTY
What The9 LTD does.
For most of our history, we had operated and developed proprietary or licensed online games, primarily mobile games, and TV games.
We began cryptocurrency mining activities in February 2021. We started to provide computing power, or hash rate, to a Bitcoin mining pool and we are entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. As of March 31, 2026, we had mined a total of 2,196.72 Bitcoins. After partial sale, we held 347 Bitcoins as of the same date. Our holdings of digital assets may increase in the future as we continue to expand our cryptocurrencies mining activities.
In light of our evolving business lines, we continue to evaluate what compliance policies, procedures and controls may be appropriate based on our current business model.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $625,488 | $135.6M | $104.9M | $174.0M | $111.7M | $107.9M |
| Net income | $397.9M | -$411.2M | -$974.9M | $20.0M | -$73.4M | -$402.4M |
More on NCTY.
- The9 LTD summary
- The9 LTD financial statements
- The9 LTD key metrics
- The9 LTD health scores and style box
- The9 LTD earnings
- The9 LTD dividends
- The9 LTD valuation
- The9 LTD ownership and insiders
- The9 LTD peers
Figures from The9 LTD's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.