It was either sell it cheap or the British take it. Might as well get some money and a potential ally to counter the British
Sewards Folly it was called at the time, and widely mocked in the US as a waste of money.
Its not like Russia could have reasonably held and/or defend it. It was a decent deal for Russia at the time, and kinda weird one for the US. The fact that it turned out to be a resources rich piece of land is irrelevant at the time of the deal
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