#54 BTC Company🇨🇳China

The9

The9 is a Miner that mines BTC and also runs online game and AI game creation businesses.

MinerBitcoin MiningNasdaq:NCTY
BTC holdings
347

$25.52M · as of Aug 24, 2026 · price as of Nov 11, 2026

Cost Basis
—

NgU — · as of Aug 24, 2026

Average cost / BTC
—
Change since start of year
-40 BTC

-10.3%

Market Cap
$42.46M
Enterprise Value
$70.39M
mNAV
—
Holdings per Share (BTC)
—

Balance sheet values as of Jun 30, 2026, basic shares as of Jun 30, 2026: 6-K · Aug 24, 2026

Asset holdings

Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.

AssetHoldingsCost BasisAs ofSources
BTC347Not reportedAug 24, 2026

HoldingsBTC vs USD value

347 BTC

$25.61M USD value · as of 2026-11-10

  • BTC Holdings (left)
  • USD Value (right)

BTC Reserve

347 BTC

0 Purchases and 3 Sales since 2023-12-31

  • Holdings
  • Purchase (size = amount)
  • Sale (size = amount)

BTC historical holdings

DateChangeHoldingsCumulative costAverage CostSources
Aug 24, 2026-40-10.34%347——
Mar 31, 2026Sale-48———
Dec 31, 2025+100+34.84%387——
Dec 31, 2024-19-6.21%287——
Dec 31, 2024Sale-288———
Dec 31, 2023-236-43.54%306——
Dec 31, 2023Sale-1,083———
Dec 31, 2022+149+37.91%542——
Dec 31, 2021—393——

Advanced metrics

DateBTC holdings Shares outstanding Stock price Market Cap Financials
BalanceCost BasisValueBasicDilutedBasicDilutedCashDebt
Aug 24, 2026347—$27.41M15.3M—$5.57$85.07M—$1.88M$29.81M
Dec 31, 2025387—$33.92M——$6.37————
Dec 31, 2024287—$26.86M——$14.54————
Dec 31, 2023306—$12.94M——$7.49————
Dec 31, 2022542—$8.97M——$5.70————
Dec 31, 2021393—$18.16M——$67.00————

— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.

BTC holdings comparison

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  9. #9Trump Media & Technology Group14,139 BTC
  10. #10CleanSpark13,530 BTC
  11. #54The9347 BTC
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