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Nasdaq-listed crypto miner acquires Kyrgyzstan data centre

The deal isn’t enough to turn stocks around, as shares shed another 15.54% in value in the last 24 hours, down to US$1.25 a stock.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

May 12, 2022 | 12:42 AM BST

Chinese internet business The9 Limited (Nasdaq: NCTY) said that its wholly-owned subsidiary NBTC Limited and Kyrgyzstan enterprise SolarCoin LLC have signed a Purchase Agreement regarding a block chain computing centre in Kyrgyzstan.

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João Marques Lima

Founder and Editor, The Tech Capital

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