The9: Gains on agreement with MicroBT

The9

22/03/2021 09:13

** U.S.-listed shares of Chinese gaming co  NCTY.O  up 2.38%
at $52 premarket
    ** Co's unit NiuLian Technology (ShaoXing) Co has signed a
second purchase agreement with WhatsMiner bitcoin mining
machines maker Shenzhen MicroBT Electronics Technology Co
 urn:newsml:reuters.com:*:nPn6XG43La
    ** The second batch of purchase consists of 482 WhatsMiner
M31S+ machines, which is a bitcoint mining hardware appliance
    ** The9 and MicroBT signed an agreement in February this
year
    ** Co says it will purchase a total of 5,000 WhatsMiner
bitcoin mining machines from MicroBT within one year
    ** Up to last close, stock up ~1,334% YTD

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com;))