Robin Energy, a listed company, will use Bitcoin as its primary reserve asset, with an initial allocation of $5 million.

PANews reported on July 31st that Robin Energy, a US-listed company, announced that it will use Bitcoin as its primary reserve asset, with plans to allocate up to 50% of its cash reserves to this allocation, with an initial allocation of US$5 million. Robin Energy is a US-listed, Cyprus-based international ship-owning company that provides energy transportation services worldwide.

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Robin Energy, a listed company, will use Bitcoin as its primary reserve asset, with an initial allocation of $5 million.

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