Cooler Technology Group made a significant shift toward becoming a Bitcoin first business since late 2024, the company has committed up to 90% of its surplus cash to Bitcoin, building a treasury that now holds over 1000 Bitcoins.
Cooler is also investing in frontier tech, including AI, robotics, and high performance energy systems.
The company released 6 new commercial cubesat batteries for the space industry, and joining me today is Michael Mo, co-founder and CEO of Cooler Technology Group.
Michael, good morning.
Thank you so much for joining us.
Well, I understand that the company holds over 1000 bitcoins as part of its Treasury strategy, so what are your goals for the strategy as you move forward?
Yeah, thank you for having us today.
Yeah, we started our Bitcoin treasure strategy 2024 following the footsteps of Michael Ceder.
We now, like you said, we have over 1000 Bitcoin and Bitcoin's strategy has allowed us to build a very solid foundation, a very solid financial balance sheet with over $140 million in old debt, and our Bitcoin plus strategy has given us the flexibility.
To power ahead with our operating business in energy and the robotics.
Yeah, and your business for viewers out there who might not be as familiar with cooler, tell us what your main business focus is right now.
Sure.
Yes, we are actually listed on the New York stock exchange.
Uh, we are a Bitcoin first, um, treasury company that builds a portfolio of frontier technologies ranging from high performance energy system.
To AI robotics, uh, on the energy system side, the cooler one is our energy storage, uh, product, uh, the battery product platform used for space, uh, Department of Defense, dro and industrial applications.
Uh, AXA, which is our exoskeleton product, uh, it's the world's most powerful and intelligent exoskeleton product trusted by customers like BMW, IKEA, FedEx, and others.
Um, and those, uh, two are our main growth uh business for us.
Yeah, and Michael, we are keeping a close eye on the regulatory environment here and our eyes on Capitol Hill.
So can you tell us a little bit more about your partnerships when it comes to space and military sectors?
Sure.
Uh, we have a long heritage of working with NASA and DOD partners.
Uh, our product is, uh, is on the Mars rover, perseverance, keeping the electronics and battery cool.
Our technology has been on the International Space Station to keep the battery safe for the astronauts, uh, for the last 10 years.
Uh, so we have a long, long history of, of serving our DOD and space customers.
Uh, for the DOD customer now, the big driver is drone applications.
So we just launched earlier this year our Coa One Air, which is batteries for UAVsOMs and submersive applications, and that's a huge area for us and you can see a huge growth going forward for those applications.
And in terms of artificial intelligence that has been a hot investment in 2025, but tell us about cooler's expansion when it comes to robotics and AI.
Yes, our AI robotics business is all about empowering the human energy with machine intelligence and build trust between human AI in the process.
The product is called EXIA.
It's a 7th generation exoskeleton product developed with our partner German Bionics.
It's the most powerful intelligent exoskeleton in the world.
Its main function is to help people to lift heavy objects with.
While protecting their lower back, almost half of the muscle and joint injuries at work involve the lower back, and Xia is specifically built to prevent those injuries while reducing fatigue with powerful and high quality robotic, uh, motors.
Since it launch.
In the US in early June, the feedback has been very, very positive.
We, we believe this technology can greatly help people doing hard physical work, even though more jobs are being automated.
Still millions and millions of workers do physical work by hand, and actually can help them work more efficiently, avoid injury, and feel less tired by the end of the day.
And finally, Michael, before I let you go, we have about 60 seconds here, so tell us about your operational goals for the upcoming year as well as the rest of 2025.
Yes, great.
We've been building a system to harness the electrical, mechanical, and human and digital energy to power the future.
It's a synergistic flying wheel with multiple fast growing businesses all on top of the Bitcoin Treasury strategy.
The cooler one battery platform will expand that.
Space DOD to commercial applications such as telecom and AI Data Center where you know the, the demand for energy is insatiable and we're accelerating the develop the deployment of the exoskeleton product in the US in applications like warehouse, logistics, retail, and healthcare.
I've been in the tech business for over 30 years.
It's just an incredibly exciting time to be an entrepreneur in this new era that cross section between AI robotics, Energy revolution, and Bitcoin.
So at quarter we're just getting started and we expect tremendous growth ahead across all our businesses.
OK, Michael, we will have to leave it there but thank you so much for joining us and thank you so much for sharing the story of cooler.
Great, thank you so much.
