Bitdeer taps ex-Corsair CFO Michael Potter for AI push

Bitdeer named Michael Potter as its next chief financial officer and said Jianchun Liu will step down at the end of June and continue with the company as a principal advisor, according to a regulatory filing.

Potter served as chief financial officer of Corsair Gaming from 2019 to 2025. The filing notes he helped lead Corsair’s 2020 initial public offering and managed capital markets transactions. His prior senior finance roles include positions at Lattice Semiconductor, Honeywell, NeoPhotonics and STATS ChipPAC.

The leadership change comes as Bitdeer expands beyond bitcoin mining into AI cloud and GPU services. In its most recent quarterly report the company described itself as a “technology company for AI and Bitcoin mining infrastructure.” The filing reports annualized AI cloud revenue nearing $70 million and more than 4,100 deployed GPUs with utilization above 90 percent.

Bitdeer reported roughly 3 gigawatts of global power capacity spread across sites in the United States, Norway, Bhutan, Ethiopia, Canada and Malaysia. Several mining facilities are being evaluated for conversion to AI cloud and colocation workloads. The filing identifies the Tydal project in Norway as a conversion target that the company expects to become Norway’s largest operational AI data center once completed.

For the quarter, self-mining remained the largest revenue source, producing $146.9 million in total revenue. Shares fell about 3 percent in early trading after the filing but remained near six-month highs.

The filing states Potter will assume the CFO role after the transition at the end of June and lists his public-company IPO and capital markets experience. Liu’s resignation is described as for personal reasons, and he will retain an advisory role following the handover.