US Cobalt is an exploration company focused on the acquisition and development of deposits of production grade metal which are critical components to power storage solutions including lithium-ion batteries for electric vehicles and consumer electronics. The company also develops batteries for the sophisticated hardware components essential for bitcoin mining. With technologies like bitcoin profit trading becoming widely popular, the demand for bitcoins is rising high. Thus, bitcoin mining has also increased, creating a higher demand for mining-special equipment. US Cobalt Inc.’s key assets are located in Idaho, Utah and Alberta.