Seems to me that if the nic level is 100 mg/mL, and you are clearly using it for DIY, unless you are diluting it all at once into some lower nic juice, the total volume should not matter. Its about a liter of liquid, but you will be measuring out the same amounts for DIYs as you would if the bottle was labeled 1 L. Its probably labeled in mass units for shipping purposes. If I had this bottle, I would be simply transferring the liquid to clean smaller glass bottles which I would dispense from and would be better for storage.
The density of PG is about 1.02 g/mL. The density of VG is about 1.26 g/mL. Unless it is 100% VG, the volume should be about 1 L. But again, if you are simply taking small amounts of it for DIYs, those will still be in mL, and the nic is in mg/mL, so nothing should change for the DIY preparation.
I agree with Hoosier: its odd. What was the vendor?