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The9 Set to Retain Majority Stake in $1.5B NYB-RFAI Deal, Backing Breakthrough AI Drug Discovery
Market Chameleon (Thu, 2-Oct 5:19 AM ET)
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 Online game services, out of which Crypto mining business derives maximum revenue.
The9 Limited - American Depository Shares trades on the NASDAQ stock market under the symbol NCTY.
As of May 27, 2026, NCTY stock price declined to $5.25 with 15,360 million shares trading.
NCTY has a beta of 0.73, meaning it tends to be less sensitive to market movements. NCTY has a correlation of 0.02 to the broad based SPY ETF.
NCTY has a market cap of $80.18 million. This is considered a Micro Cap stock.
In the last 3 years, NCTY traded as high as $20.59 and as low as $3.33.
The top ETF exchange traded funds that NCTY belongs to (by Net Assets): MNRS.
NCTY has underperformed the market in the last year with a price return of -53.8% while the SPY ETF gained +30.9%. NCTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.4% and -19.8%, respectively, while the SPY returned +9.1% and +1.7%, respectively.
NCTY support price is $4.99 and resistance is $5.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NCTY shares will trade within this expected range on the day.
