Bitdeer Brings In Ex-Corsair CFO as Bitcoin Miner Pushes Further Into AI

Bitdeer (NASDAQ: BTDR) Technologies Group is changing its chief financial officer as the Bitcoin miner and mining-rig maker continues to scale its self-mining business while expanding into AI cloud and high-performance computing.

The Singapore-based company said in a Tuesday filing with the US Securities and Exchange Commission that Jianchun Liu has resigned as CFO, effective June 30, for personal reasons. Bitdeer said the departure wasn’t the result of any dispute or disagreement with the company over its operations, policies or practices. Liu will remain CFO through the end of June to help with the transition and will then stay with the company as principal adviser.

Bitdeer’s board approved the appointment of Michael G. Potter as CFO, effective May 26, according to the filing. Potter previously served as CFO of Corsair Gaming Inc. from November 2019 to December 2025, where he helped lead the company’s initial public offering in 2020 and oversaw several capital markets transactions. He also served as CFO and chief legal officer of Canadian Solar Inc. from 2011 to 2016 and held CFO roles at semiconductor companies including Lattice Semiconductor, NeoPhotonics and STATS ChipPAC.

The appointment brings in a finance executive with experience across gaming hardware, solar power and semiconductors — three areas adjacent to Bitdeer’s current mix of Bitcoin mining, ASIC manufacturing and AI infrastructure ambitions. Potter also served as a board member and audit committee chair of Cordelio Power, a renewable energy platform backed by CPP Investments, from 2018 to March 2026.

The change comes as Bitdeer has been expanding on several fronts. The company said earlier this month that it mined 783 Bitcoin in April, up 372% from a year earlier, while self-mining hash rate reached about 65.5 EH/s. Bitdeer also reported AI cloud annualized recurring revenue of about $69 million as of the end of April, up 60% from the prior month, alongside the launch of its SEALMINER A4 series.

That growth has made capital allocation a more central issue for the company. Bitdeer is trying to balance the buildout of its proprietary mining fleet, the commercialization of its SEALMINER machines and the development of AI/HPC services, while navigating a Bitcoin mining market where scale, power access and hardware efficiency are becoming more important differentiators.

For Bitdeer, Potter’s background in public-company finance and capital markets could be relevant as the company funds expansion beyond traditional mining. His experience at Canadian Solar and Cordelio Power also adds exposure to power and renewable infrastructure, an increasingly important part of the economics for miners seeking to reposition themselves as broader digital infrastructure companies.

Liu’s continued role as principal adviser suggests Bitdeer is trying to preserve continuity during the transition. The company did not announce any changes to its operating strategy in connection with the CFO change.