Robin Energy completed its first $5 million Bitcoin asset allocation, with stock prices soaring by 90%.

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PANews September 10 news, according to The Block, international energy transportation company Robin Energy (stock code RBNE) has completed its first $5 million allocation of Bitcoin assets, becoming the latest energy company to diversify its investment portfolio through Crypto Assets. According to Google Finance data, RBNE's stock listed on Nasdaq rose more than 90% on Wednesday, briefly reaching a high of $4.27 during intraday trading before pulling back. Throughout most of August, the stock price fluctuated narrowly around $1.87, moving up and down by only a few cents.

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