The domain name nickel.com has sold to a mining company for roughly $250,000.
Flying Nickel Mining, listed on the Toronto stock exchange, purchased the name at some point in the first half of the year for CAD 313,977, according to a regulatory filing from its parent, Silver Elephant Mining.
“During the six months ended June 30, 2022 Flying Nickel purchased a domain name nickel.com at $313,977,” the filing reads.
That works out to about $243,000 at today’s exchange rate, but one assumes it was probably priced at $250,000 at the time of the sale.
Flying Nickel mines nickel. Silver Elephant mines silver. The latter was spun out of the former earlier this year and has its own stock market listing.
Another Silver Elephant spin-out, Nevada Vanadium, bought vanadium.com for CAD 23,461 during the same period. Vandium is another type of metal, albeit one with substantially less name recognition than nickel.
Flying Nickel is still using flynickel.com as its primary domain, but nickel.com already mirrors the original site.
Before the sale, the domain was parked at GoDaddy, archive.org shows.
The post nickel.com sells for a hell of a lot more than a nickel first appeared on Domain Incite.