Bitdeer Discloses Leadership Shake-Up Amid Deeper Push Into AI Infrastructure

Bitdeer (NASDAQ: BTDR) Technologies Group said two senior executives have resigned from their operating roles, the latest leadership change at the bitcoin mining and AI infrastructure company as founder Jihan Wu continues to steer the business through a broader vertical integration push.

Chao Suo resigned as chief operating officer and Linghui Kong resigned as chief business officer, each with immediate effect, according to a regulatory filing made public on Monday. Bitdeer said both departures were for personal reasons and were not the result of any dispute or disagreement with the company over its operations, policies or practices.

The company said both Suo and Kong will continue to serve Bitdeer. It did not name replacements in the filing or specify what roles the two executives will hold after stepping down from their C-suite positions.

Kong’s resignation marks another step in a leadership transition that began more than two years ago. He previously served as Bitdeer’s chief executive officer before Wu, Bitdeer’s founder and chairman, took over the CEO role in March 2024. At the time, Kong moved into the newly defined chief business officer role and remained a director, with the company positioning the change as a way to put Wu more directly in charge of Bitdeer’s long-term strategy.

Suo, meanwhile, was appointed COO in September 2024 after serving as a director and head of human resources. Her COO role put her in charge of Bitdeer’s day-to-day operations, reporting directly to Wu.

The resignations come as Bitdeer is trying to reposition itself as more than a bitcoin mining and hosting operator. The company has been investing in proprietary ASIC mining machines under its SEALMINER line, expanding its self-mining capacity, and promoting AI cloud and high-performance computing services as part of a broader infrastructure strategy.

Bitdeer has also seen several executive changes in recent weeks. In May, the company named Michael G. Potter as chief financial officer, succeeding Jianchun Liu, who resigned from the CFO role for personal reasons but was set to remain with the company as principal adviser after June 30.