500.com buys BTC.com

500.com has purchased Blockchain Alliance Technologies Holding Company, gaining access to its flagship product, the BTC.com domain name.

500.com has been moving into the cryptocurrency space with confidence, investing in mining hardware as well as various other assets.

According to a press release, the company has gained access to BitDeer operated under BTC.com as well as the domain name and the digital wallet under the same name, BTC.com.

500.com is a behemoth in the space and already trading on the New York Stock Exchange with $1bn in market cap. Its share price has been growing at a steady pace.

Purchasing domain names and products is of equal importance to blockchain and crypto companies keen on maximizing their value in the space.

500.com bought Bitcoin mining equipment worth $14.4m in January 2021. If you already have Bitcoin, though, and aren't looking to mine new cryptocurrency, you can use your existing funds at crypto casino websites such as 1xBit and FortuneJack where juicy 7 BTC bonuses await.

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Written by Barney

Co-founder

Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.

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