NCTYvsXXI
The9 Limited vs Twenty One Capital
Side-by-side Bitcoin treasury comparison: holdings, market cap, mNAV ratio, BTC per share, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
NCTY
The9 Limited
🇨🇳 CN
347 BTC
$22.2M market value
XXI
Twenty One Capital
🇺🇸 US
43,514 BTC
$2.8B market value
Metric
NCTY
XXI
BTC holdings
347 BTC
43,514 BTC
Market value of BTC
$22.2M
$2.8B
Average cost per BTC
—
$84,865.00
Total cost basis
—
$3.7B
mNAV (market cap ÷ BTC value)
2.78×
0.64×
Sats per share
2.3k
12.5k
Last disclosed purchase
Apr 15, 2024
- Apr 15, 2024+20 BTC$1.3M
- Dec 30, 2022+0 BTC—
- May 30, 2022+0 BTC—
- Dec 30, 2021+0 BTC—
- May 13, 2026+-1 BTC$93.7K
NCTY vs XXI: frequently asked
Which company holds more Bitcoin, NCTY or XXI?▾
Twenty One Capital (XXI) holds 43,514 BTC, compared to The9 Limited's (NCTY) 347 BTC — roughly 125.4× more.
What's the total Bitcoin value on the balance sheets of NCTY and XXI?▾
NCTY holds $22.2M worth of Bitcoin at current market prices. XXI holds $2.8B.
Who has a lower cost basis per BTC, NCTY or XXI?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did NCTY last buy Bitcoin?▾
NCTY disclosed a 20 BTC purchase on April 15, 2024.
When did XXI last buy Bitcoin?▾
XXI disclosed a -1 BTC purchase on May 13, 2026.