 SHANGHAI, April 9, 2021 PRNewswire -- The9 Limited Nasdaq: NCTY The9, an established Internet company, today announced that it signed a legally binding Memorandum of Understanding the MOU with an unrelated Bitcoin mining machine owner to purchase Bitcoin mining machines by the issuance of Class A ordinary shares. This batch of Bitcoin mining machines consists of 2,000 units of AvalonMiners with total hash rate of approximately 100PHS. 