PR: Sold for $500k


According to a press release this morning  on Yahoo Finance, “XBT Holding Limited announced the acquisition of the domain name, for the reported amount of $500,000.” It appears that the registrant information for the domain name changed in the middle of May from a Tortola company to its current registrant.

If the domain name sounds familiar to you, perhaps that is because it sold for $352,500 in Sedo’s Great Domains held in May of 2011. XBT also reportedly acquired the domain name for $300,000 at an auction last year. It does not appear that has launched yet based on the landing page I currently see, but you can sign up to receive updates when the brand launches.

Acquiring is a good example of a company paying a fair price for an excellent domain name that will help grow and expand its core business.


Leave a Reply