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Bitcoin Investment Drives Robin Energy Stock Up 100% as Company Allocates $5M in BTC
Yahoo Finance· 2025-09-10 22:01
Robin Energy Ltd. (NASDAQ: RBNE) has completed its initial allocation of $5 million in Bitcoin on September 10, confirming a strategic pivot in treasury management for the international energy transportation company. The firm executed this allocation through Anchorage Digital Bank N.A., following the board’s approval and its August 5 announcement. The move is designed to optimize Robin Energy’s operational efficiency and align its treasury policy with changing market conditions in digital assets. CEO Pet ...