Michael Mo, CEO of KULR Technology Group, on Acquiring 668 BTC, The Future of Robotics, and Thermal Management Tech | Ep. 435
Michael Mo, CEO of KULR Technology Group (NYSE: KULR), joined the Cryptonews Spotlight Podcast to discuss the company’s bold moves into Bitcoin treasury management, the future of exoskeletons in robotics, and cutting-edge thermal solutions for extreme environments.
Inspired by Michael Saylor’s Bitcoin Strategy
“The orange pill moment for me is listening to Michael Saylor’s Q3 2024 earnings call for MicroStrategy.”
Mo explained how a single MicroStrategy earnings call convinced him to pursue Bitcoin as a treasury strategy.
Bitcoin as Digital Energy
“Bitcoin is created with electricity, which is a form of energy… It’s digital energy.”
He connected Bitcoin’s nature to energy physics, mirroring KULR’s expertise in thermal management for space applications.
The Decision to Move into Bitcoin
“On December the fourth, we did a survey on X about, hey, should KULR be a Bitcoin treasury reserve strategy?”
Mo emphasized that community input helped drive the decision to allocate surplus cash into Bitcoin.
Financial Discipline While Buying Bitcoin
“We started with $21 million and now we’re up to $60-some million dollars with Bitcoin, 668 Bitcoins now.”
Despite the aggressive Bitcoin accumulation, Mo reassured that KULR’s core business has only grown stronger.
Addressing Concerns about Volatility
“I love Michael Saylor’s phrase, volatility is vitality.”
Mo argued that Bitcoin’s volatility strengthens organizational resilience, likening it to vital business training.
Building Organizational Character through Volatility
“Through volatility, you start building character for the organization.”
He believes experiencing market turbulence prepares companies for broader economic disruptions.
“Bitcoin has proven itself as an uncorrelated asset class to the rest of the financial system.”
Mo explained why Bitcoin’s behavior during market chaos reinforces its value as a long-term holding.
Future Bitcoin Adoption Among Corporations
“I think it’s going to hit an inflection point upon which the whole system realizes this is the pivot.”
While cautious, Mo predicted that more companies will adopt Bitcoin as they recognize its independence from traditional finance.
KULR’s Foray into Robotics
“We have been looking into getting into the physical AI robotics world, which we believe is going to be the single largest market opportunity, multi-trillion dollars, no questions asked.”
Mo detailed how robotics, specifically wearable exoskeletons, became a new strategic focus for KULR.
Exoskeletons to Solve Workforce Challenges
“Lower back pain is the number one cause of injury in professional environments.”
KULR partnered with German Bionic to tackle the massive problem of lower back injuries in manufacturing, logistics, and healthcare.
Smart Exoskeletons Powered by AI
“It could give you warning signals… maybe it’s time for a break.”
These AI-driven exoskeletons provide real-time health insights to prevent injuries and optimize worker performance.
Robotics to Empower, Not Replace, Workers
“Let’s use AI robotics to empower people, especially everyday Americans and Canadians who do a lot of physical work.”
Mo emphasized that robotics should enhance human labor rather than displace it.
Thermal Management for Space and Defense
“We won a grant from Texas Space Commission… to build ultra-cold batteries for future space explorations.”
KULR is expanding its expertise in extreme-environment batteries, which have applications in NASA, military technology, and underwater operations.
Tackling Cooling Challenges for AI and Bitcoin Mining
“One of the biggest consumption items for energy is actually cooling, like up to 45% of the energy used for Bitcoin mining and AI.”
KULR is applying its cooling tech to meet the enormous energy demands of AI infrastructure and crypto mining.
Vision for KULR’s Future
“We’re exploring all these areas, from space to AI cooling, to robotics – it’s an exciting time for KULR.”
Michael Mo concluded by highlighting the company’s diversified innovation roadmap, positioning KULR at the intersection of energy, robotics, and Web3.
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