this post was submitted on 11 Feb 2025
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[–] 1Fuji2Taka3Nasubi@lemmy.zip 5 points 8 hours ago* (last edited 8 hours ago)

You don't actually "buy" domain names. You basically rent them from a registrar. "expired" meant someone forgot to pay rent / renew the lease so control of the name goes back to the registrar. They can just delete it after some grace period but domain names that has traffic going to them has value so they are usually put up for auction by the registrar nowadays, which is what you see here.