I just received word that Overstock has acquired another single letter “O” domain name. The company purchased O.co.za via Sedo for $9,000. The .co.za extension is South Africa’s ccTLD.
Some people believe the company may be making these efforts in order to be in a better position for when O.com comes available. That would make sense, especially in light of their US trademark for O.com.
It will be interesting to see if Overstock continues to acquire “O” ccTLD domain names. It would seem that these public sales could impact their negotiation ability.