The9 Signed a Strategic Cooperation Framework Purchase Agreement on the Purchase of Bitcoin Mining Machines
February 05 2021 - 5:30AM
PR Newswire (US)
SHANGHAI, Feb. 5, 2021 /PRNewswire/ -- The9 Limited
(Nasdaq: NCTY) ("The9"), an established Internet company, today
announced that its wholly owned subsidiary NBTC Limited signed a
strategic cooperation framework purchase agreement (the
"Agreement") with Shenzhen MicroBT Electronics Technology Co., Ltd.
("MicroBT"), the manufacturer of WhatsMiner bitcoin mining
machines. Pursuant to the Agreement, upon the payment of a deposit,
NBTC Limited has the right of first offer to purchase of 5,000
WhatsMiner bitcoin mining machines from MicroBT within one year,
including but not limited to models M32 and M31S. Today the first
batch of purchase, 440 WhatsMiner M32 machines, under the Agreement
has been executed. Other than WhatsMiner bitcoin mining machines,
The9 also plans to continue purchasing different types of
cryptocurrency mining machines in the near future.
About The9 Limited
The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to
become a diversified high-tech Internet company.
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SOURCE The9 Limited
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