Exodus.com domain acquired for $1,945,000

Exodus Movement,a company involved in the crypto field,has disclosed that they purchased the Exodus.com domain name for USD $1,945,000. This was revealed in a recent SEC filing(page 21):

The Company purchased the exodus.com domain name in the first quarter of 2021 for $1.9 million. The Company considers the domain name to be an indefinite-lived asset so no amortization will be recognized.

While page 21 of the SEC filing mentions the $1.9 million figure, the more precise figure of $1,945,000 can be found on page 9, where the “Indefinite-lived asset” is listed directly on the balance sheet.