The9 Acquires Crypto Cloud Mining Blockchain SaaS For $7M
The9 Ltd. (Nasdaq: NCTY) a Shanghai-based online game operator, has signed a memorandum of understanding to acquire 70% equity in Hangzhou SuanLi Technology Co. Ltd. (Interhash), a cryptocurrency cloud mining blockchain software-as-a-service company for approximately $7 million. What Happened: Interhash was founded in 2019 and provides cryptocurrency mining-related management services to a global customer base.