The price seems high for a traditional domain investor given the history of the name.

According to Marshall, auctions of high-qualityPirate Baydomains are uncommon, which probably justifies the high bidding amount.

It is unclear how the new owner plans to utilize the domain name once the sale closes.

piratebay.org

The official website of the file-sharingtorrent websiteis located atThePirateBay.org.

Further, the domain name ThePiratebay.com is listed at a pending deleteauctionand is expected to drop later this week.

Also, the domain names ThePiratebay.net and Piratebay.net are expected to drop in a few days as well.

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source: www.techworm.net