.COM Galaxy.com domain name acquired for $1.8 million by Galaxy Digital (1 Viewing)

GeorgeK

Leap.com

Joined

Dec 1, 2020

Topics

18

Posts

231

Likes

368

From

Toronto, ON

• Jan 29, 2022

• #1

As I noted on my blog:

https://freespeech.com/2022/01/29/galaxy-com-domain-name-acquired-for-1-8-million-by-galaxy-digital/

a new SEC filing, plus some digging, reveals that the Galaxy.com domain name was acquired for USD $1.8 million by crypto company Galaxy Digital last year. This is a gigantic upgrade compared to their GalaxyDigital.io domain name.

 

DomainRecap

Highest Post Count

Gold Notable Member

Joined

Nov 23, 2020

Topics

63

Posts

4,325

Likes

2,411

• Jan 29, 2022

• #2

As weird as it sounds, that looks like a real steal compared to some other 7- and 8-figure .COM sales.

 

silentg

DomainRetail.com

Gold Notable Member

Joined

Jul 3, 2021

Topics

393

Posts

1,673

Likes

1,402

From

Toronto, ON

• Jan 29, 2022

• #3

I thought it would've been acquired by Samsung. What a great name.

 

MapleDots

MapleDots.ca

Community Guide

Joined

Nov 4, 2020

Topics

1,299

Posts

5,447

Likes

5,550

From

Toronto, ON

• Jan 29, 2022

• #4

Way undersold, an absolutely idiotic sale, someone left millions on the table.

Stupid x3

 

mcm

Member

Joined

Dec 22, 2021

Topics

13

Posts

270

Likes

204

• Jan 29, 2022

• #5

Cringing at that sale price. *WALL*
Michael Novogratz bent that seller over.

 

domains

DomainMedia.ca

Joined

Nov 18, 2020

Topics

81

Posts

1,471

Likes

735

From

Nelson, BC

• Jan 29, 2022

• #6

Galaxy Digital trades on Toronto exchange, a solid company involved in all facets of crypto banking and investment.

 

theinvestor

DNCanada.ca

Joined

Nov 28, 2020

Topics

121

Posts

1,290

Likes

951

From

Toronto, ON

• Jan 29, 2022

• #7

It’s definitely worth more than 1.8M. But that doesn’t mean that the buyer was willing to pay more. Sometimes it’s all in the negotiation and time. The thing about time is if you wait too long you may never get that sale.

 

MapleDots

MapleDots.ca

Community Guide

Joined

Nov 4, 2020

Topics

1,299

Posts

5,447

Likes

5,550

From

Toronto, ON

• Jan 29, 2022

• #8

MapleDots said:

Stupid x3

Click to expand...

That is a hint to what I think the minimum worth is

 

MapleDots

MapleDots.ca

Community Guide

Joined

Nov 4, 2020

Topics

1,299

Posts

5,447

Likes

5,550

From

Toronto, ON

• Jan 30, 2022

• #9

https://twitter.com/x/status/1487489768392953860

See... exactly what I said it was worth x3

 

silentg

DomainRetail.com

Gold Notable Member

Joined

Jul 3, 2021

Topics

393

Posts

1,673

Likes

1,402

From

Toronto, ON

• Jan 30, 2022

• #10

MediaOptions was buyer's broker
[twitter=https://twitter.com/andrewrosener/status/1487527560846139398][/twitter]

 

GeorgeK

Leap.com

Joined

Dec 1, 2020

Topics

18

Posts

231

Likes

368

From

Toronto, ON

• Jan 30, 2022

• #11

Based on Ron Jackson's new information from the buyer's broker, I've updated the headline and text of the original article, see:

https://freespeech.com/2022/01/29/galaxy-com-domain-name-acquired-for-1-8-million-by-galaxy-digital/

for the updated article. Briefly, it's possible that the Galaxy.com deal was for MORE than $1.8 million.

 

GeorgeK

Leap.com

Joined

Dec 1, 2020

Topics

18

Posts

231

Likes

368

From

Toronto, ON

• Jan 31, 2022

• #12

I again updated the original article re: the Galaxy(.)com domain name transaction to confirm that the seller did indeed receive USD $1.8 million, based on Ron Jackson's final information from the buyer's broker:

https://freespeech.com/2022/01/29/galaxy-com-domain-name-acquired-for-1-8-million-by-galaxy-digital/

 

GeorgeK

Leap.com

Joined

Dec 1, 2020

Topics

18

Posts

231

Likes

368

From

Toronto, ON

• Feb 11, 2023

• #13

I've updated the original blog post with a more accurate figure for the domain name deal (using a more recent SEC filing), namely USD $1,761,000.

Galaxy Digital acquired the Galaxy.com domain name for $1.8 million