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Robin Energy completes $5 million Bitcoin allocation, stock price soars 90%

Source: Binance
According to Shenchao TechFlow, Robin Energy has completed its first $5 million Bitcoin allocation, becoming the latest energy company to diversify its portfolio through cryptocurrencies. The company, under the ticker symbol RBNE, surged more than 90% on Wednesday, hitting a high of $4.27. Robin Energy announced at the end of July that it would allocate 50% of its long-term cash reserves to Bitcoin and completed the configuration through Anchorage Digital Bank.
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