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XBT Selling Bitcoin Domain Name After Suing Over Trump Dossier

  • Tech firm says publication by BuzzFeed damaged reputation
  • Company was alleged to have aided hack of Democratic Party
Bloomberg business news

Bitcoin Beliefs: Jamie Dimon and Mike Novogratz

A tech company linked to the hacking of the U.S. Democratic Party in a disputed dossier about Donald Trump is selling its internet domain name, which happens to include the same three letters some traders use as shorthand for bitcoin.

XBT Holding SA, a privately held web-hosting and data-storage firm based in Luxembourg, is auctioning off the rights to xbt.com and has set the minimum price at 200 bitcoins. That’s about $2.9 million as of Wednesday. The bidding opened Jan. 5, a year after BuzzFeed Inc. published a collection of documents that XBT says has wrongly tarnished both its reputation and its finances.