Robin Energy completes its first $5 million Bitcoin asset allocation

According to ChainCatcher, international energy transport company Robin Energy (stock code RBNE) has completed its first $5 million Bitcoin asset allocation, becoming the latest energy company to diversify its portfolio through cryptocurrencies. RBNE shares listed on Nasdaq rose more than 90% on Wednesday, and fell after hitting a high of $4.27 intraday, according to Google Finance. For most of August, the stock price fluctuated narrowly around $1.87, floating up and down for only one or two cents.