The demand and popularity of Bitcoins has seen the domain name btc.com sell for a whopping $1.1 million.

      The domain was purchased by Josh Garza of GAWMiners according to a report in Cryptocoins News “as larger players and investors come into the Bitcoin and cryptocurrency world, more money is being invested in properties and businesses.”

      The biggest reported sale for 2014 to date is still mi.com according to Domain Name Journal, which sold for $3.6m in April while whisky.com ($3.1m) and sex.xxx ($3.0m) coming in second and third are the only domain sales to top the $3m mark. Btc.com comes in seventh.(cryptocoins news)