The9 Limited (NCTY) showcases 9BIT token gains and 7M-user platform

Rhea-AI Filing Summary

The9 Limited reported that it has received 950,000,000 9BIT tokens connected to its gaming platform, the9bit, from 9BIT Foundation, a third-party issuer. According to the 9BIT whitepaper, The9 is expected to receive a total of 1,900,000,000 9BIT tokens, with the remaining 950,000,000 anticipated over the next two months.

As of February 24, 2026, each 9BIT token had a market price of US$0.02, about a sevenfold increase since listing, and a 24‑hour trading volume of US$6 million. The9’s the9bit platform, launched in August 2025, has surpassed 7 million users, with over 38,000 users having earned more than 32.8 million 9BIT tokens through gameplay and community engagement.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-34238

THE9 LIMITED

17 Floor, No. 130 Wu Song Road

Hong Kou District, Shanghai 200080

People’s Republic of China

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F   x     Form 40-F  ¨

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release – The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	THE9 LIMITED
	By	:	/s/ George Lai
	Name:	:	George Lai
	Title:	:	Director and Chief Financial Officer

Date: February 24, 2026

Exhibit 99.1

The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing

Hong Kong – February 24, 2026 – The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin, MEXC and BingX, three of the largest global crypto exchanges. As of February 24, 2026, the market price of one 9BIT token was US$0.02, representing an approximate sevenfold increase since its listing. The 24-hour trading volume of 9BIT was US$6 million according to CoinMarketCap.com. According to the whitepaper, 9BIT tokens are expected to be listed on more global crypto exchanges.

9BIT Foundation, a private foundation established in Panama, is a third-party issuer of 9BIT token. According to the 9BIT whitepaper, The9 Limited will be distributed 1,900,000,000 $9BIT tokens for its contribution to 9BIT ecosystem. The remaining 950,000,000 9BIT tokens are expected to deliver to The9 Limited in the coming 2 months.

The proprietary the9bit gaming platform has surpassed 7 million users since its August 2025 launch. As of February 24, 2026, more than 38,000 users have received more than 32.8 million 9BIT tokens based on their contributions to the9bit gaming platform. They can buy and sell 9BIT tokens on the global crypto exchanges where 9BIT tokens are listed.

the9bit blends traditional gameplay with Web3 incentives by:

	·	Earn: Receive mining rewards for daily gameplay and community engagement.
	·	Govern: Participate in key ecosystem decisions through voting.
	·	Redeem: Unlock exclusive in-platform content and premium services.

the9bit is also accelerating the development of AIGD (AI Game Development) — a creation layer on the9bit.com where creators can turn ideas and assets into playable games using AI-assisted tools. This unlocks a new "creator-to-player" reward loop. Creators can publish games with fewer barriers, while players earn points by engaging with these titles. These points are eligible for conversion into 9BIT tokens based on platform mechanics. As creators' games gain traction, they earn rewards, creating a self-sustaining economy where content growth directly benefits the community. This marks the project’s commitment to building a true gamer-to-gamer economy: a platform built by gamers, for gamers.

About the9bit

the9bit is a gaming platform blending traditional play with Web3 rewards, offering game purchases, mobile top-ups, casual games, and community features. It turns daily gaming activities into valuable rewards with a focus on accessibility for mobile users and creators. Visit the9bit.com for more information.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation, Bitcoin mining business and AI-driven drug discovery investment.

Investor Relations Contact

Ms. Jojo Su
Investor Relations Specialist
The9 Limited
Tel: +86 (21) 6108-6080
Email: IR@corp.the9.com

FAQ

What did The9 Limited (NCTY) announce about its 9BIT token holdings?

The9 Limited announced it has received 950,000,000 9BIT tokens linked to its the9bit gaming platform. According to the 9BIT whitepaper, The9 is expected to receive a total of 1,900,000,000 tokens, with the remaining half anticipated over the next two months.

What is the current market price and trading volume of 9BIT mentioned by The9 Limited (NCTY)?

As of February 24, 2026, one 9BIT token had a market price of US$0.02, about a sevenfold increase since listing. The filing also notes a 24‑hour trading volume of US$6 million, based on data cited from CoinMarketCap.com.

How many users does The9 Limited’s the9bit gaming platform have, and how many 9BIT tokens have been distributed?

The9 Limited reports that the the9bit gaming platform has surpassed 7 million users since its August 2025 launch. As of February 24, 2026, more than 38,000 users have collectively received over 32.8 million 9BIT tokens based on their contributions and activity.

How are 9BIT tokens used within The9 Limited’s the9bit ecosystem?

Within the the9bit ecosystem, 9BIT tokens reward daily gameplay and community engagement, enable governance voting on key ecosystem decisions, and allow users to redeem for exclusive in-platform content and premium services. Tokens can also be traded on global crypto exchanges where 9BIT is listed.

Which crypto exchanges list 9BIT tokens referenced by The9 Limited (NCTY)?

The9 Limited states that 9BIT tokens are listed on KuCoin, MEXC and BingX, described as three of the largest global crypto exchanges. The 9BIT whitepaper also indicates that 9BIT tokens are expected to be listed on additional global exchanges over time.

What is AIGD and how does it fit into The9 Limited’s the9bit platform?

AIGD is an AI Game Development layer on the9bit.com that helps creators turn ideas and assets into playable games using AI tools. Creators can publish games more easily, while players earn points engaging with these titles; points are eligible for conversion into 9BIT tokens.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 7.1 KB