Bitcoin Corporate Treasury Trend Grows As Robin Energy Commits $5 Million

Cyprus-based worldwide ship-owning agency Robin Energy right this moment introduced the profitable conclusion of its preliminary $5 million Bitcoin (BTC) allocation by means of Anchorage Digital Bank N.A., as a part of its newly adopted treasury framework.

Robin Energy Buys $5 Million Worth Of Bitcoin

According to an announcement made earlier right this moment, Robin Energy has accomplished its preliminary $5 million value of BTC buy. With this, the Cyprus-based firm, which additionally offers power transportation companies has grow to be the most recent agency to leverage digital belongings to diversify its portfolio.

Following the event, the agency’s Nasdaq-listed inventory RBNE spiked 90%, hitting an intraday high of $4.27 earlier than shedding a few of its beneficial properties. On a year-to-date (YTD) foundation, the inventory has elevated by 106.8%.

It is value noting that RBNE hit its all-time high (ATH) earlier this yr on June 13. However, no particular cause may be discovered for a similar. Commenting on right this moment’s Bitcoin buy, Petros Panagiotidis, CEO, Robin Energy, stated:

We are happy to have accomplished the allocation of $5 million to Bitcoin in accordance with our board-approved technique. We imagine in Bitcoin’s distinctive traits as a scarce digital asset and see it as an integral element of our long-term technique to develop our Company additional and drive shareholder worth.

Robin Energy’s foray into the cryptocurrency realm is no surprise, as an growing variety of corporations are selecting so as to add main digital belongings like BTC and Ethereum (ETH) to their stability sheets in 2025.

For instance, Taiwanese funding agency Sora Ventures just lately unveiled an enormous $1 billion Bitcoin treasury fund, a primary in Asia. At the time, the agency acknowledged that it could use the proceeds from the fund to purchase BTC over the subsequent six months.

Similarly, Japanese funding agency Metaplanet additionally shared plans to double down on BTC just lately. Specifically, the agency stated that it’ll spend as a lot as $835 million to purchase extra Bitcoin.

Unsurprisingly, the entire quantity of BTC held by publicly-listed firms just lately crossed a million. Among these firms, US-based Strategy ranks on the prime because it alone holds near 638,000 BTC on its stability sheet.

ETH, A Worthy Challenger To BTC?

Although Bitcoin’s dominance and adoption fee are unquestionable, it seems to be getting severe competitors from the second-largest cryptocurrency by market cap, Ethereum. In 2025 particularly, ETH adoption has surged at an unprecedented tempo.

Asset supervisor VanEck CEO, Jan van Eck, just lately dubbed ETH the “Wall Street token,” due to its unbelievable vary of use-cases, together with facilitating stablecoin transactions on the Ethereum blockchain.

Similarly, August 2024 noticed ETH-based exchange-traded funds (ETFs) attract $4 billion value of internet inflows, whereas Bitcoin ETFs witnessed internet outflows to the tune of $628 million. At press time, BTC trades at $113,930, up 2.7% up to now 24 hours.