|
Final
Update:
After
getting additional information from the buyer's
broker (Andrew Rosener of Media Options
Monday (Jan. 31) we now have the remaining
available details on the Galaxy.com sale.
The price the seller received in the sale
was $1.8 million, the same amount that the
buyer, Galaxy Digital, declared paying for
an unnamed domain in their SEC filing that turned
out to be Galaxy.com (as first reported by George
Kirikos Saturday). However the buyer, who
commissioned Media Options to try to acquire the
domain for them, also paid a generous fee
to Media Options for succeeding in that task
that was not included as part of the cost of the
domain itself in their filing (Media Options is
not releasing that fee cost, which, for
competitive reasons, is to be expected). When
charting sales, we normally use the total price a
buyer paid to acquire the domain, including
brokerages costs, as that price most closely
reflects the current market value of the domain to
a buyer. However, in cases like this, where
brokerage fees are not known, we have charted
names based on what the seller received for the
name as long as we have the exact price
paid. We have that for Galaxy.com, so will be charting it at $1,800,000 in our next bi-weekly
domain sales report Wednesday evening (February
2). Story
Update #1:
We
posted the story below on Saturday (Jan. 29) but
we received new information from the buyer's
broker, MediaOptions.com
on Sunday. Founder Andrew Rosener confirmed
his company handled the acquisition but he added
that the price paid was substantially higher
than the $1,800,000 figure an SEC filing
seemed to clearly indicate (based on further
evidence that George Kirikos detailed in his blog
post). Since we don't yet know exactly
what that higher price was we have appended a plus
to the minimum number we do know in the graphic
accompanying the story. If and when more
information becomes available on the price and/or
filing, it will be added to this post. |
|
George
Kirikos
has uncovered the biggest
domain sale reported in the new year to date. Today, on his
FreeSpeech.com
website, George provided details of a $1,800,000
sale of Galaxy.com that he found while
examining an SEC filing.
The domain was purchased in the 3rd quarter of
2021 by a crypto company that is based at GalaxyDigital.io.
They have not yet started using Galaxy.com as a
new base or redirect so it remains to be seen
exactly how it will be deployed. Unless
something changes before we release our first 2022
Year-to-Date Top Sales Chart Wednesday evening
(February 2), Galaxy.com will be the #1 sale of
the new year, followed by the $1,228,200 sale
of Unlock.com that was reported earlier this
month. We chart sales based on when
they are first publicly reported (as long as the
sale has occurred within the previous 12 months). |
Image
from Bigstock |
