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The9 ( (NCTY) ) has shared an update.
On September 11, 2025, The9 Limited announced the release of the $9BIT whitepaper by the 9BIT Foundation. The9 will own 19% of the $9BIT token supply, which is part of its strategy to bridge Wall Street and Web3 through its gaming platform, the9bit. The platform aims to reward gamers with $9BIT tokens, converting their actions into real value. This initiative is expected to enhance The9’s credibility and stability in the Web3 space, aligning traditional investors with innovative Web3 technologies.
More about The9
The9 Limited is an Internet company that was listed on Nasdaq in 2004. It is focused on becoming a global diversified high-tech Internet company, engaging in online games operation and Bitcoin mining business.
Average Trading Volume: 55,496
Technical Sentiment Signal: Sell
Current Market Cap: $118.5M
For a thorough assessment of NCTY stock, go to TipRanks’ Stock Analysis page.