Robin Energy has completed its first $5 million Bitcoin purchase.

BlockBeats News, September 10th, according to TheBlock, Robin Energy, an international energy transportation company based in Cyprus, has completed its first $5 million Bitcoin allocation, becoming the latest energy-related company to achieve portfolio diversification through cryptocurrency. The company, trading on the Nasdaq under the stock symbol RBNE, saw its stock price surge over 90% on Wednesday, reaching a intraday high of $4.27.