Bitdeer appoints Corsair Gaming's Michael Potter as CFO
In brief
- Michael G. Potter appointed Bitdeer CFO effective May 26, 2026, replacing Jianchun Liu
- Potter served as Corsair Gaming CFO from November 2019 through December 2025
- Potter brings renewable energy and semiconductor expertise to capital-intensive mining and AI infrastructure business
Strategic Hire for Hardware-Heavy Operations
The appointment signals Bitdeer's focus on scaling capital-intensive operations across mining and AI infrastructure. Potter's tenure at Corsair covered the company's IPO period and subsequent scaling, experience directly applicable to Bitdeer's current growth phase. Bitdeer is a Singapore-headquartered, NASDAQ-listed company with mining operations spread across the US, Norway, Bhutan, and Ethiopia.
Both Corsair and Bitdeer operate in hardware-heavy, capital-intensive sectors where supply chain management, chip procurement, and infrastructure spending dominate the financial picture. Potter's background in renewable energy and semiconductor sectors adds depth to his operational expertise.
Rapid Growth in Mining and AI
Bitdeer's operational metrics underscore the scale Potter will manage. In March 2026, the company self-mined 661 Bitcoin, a 480% increase compared to the same period last year. By April 2026, Bitdeer's hash rate had climbed to 87.4 EH/s.
The company's AI cloud division is expanding rapidly. Bitdeer's AI cloud annual recurring revenue grew 60% month-over-month to approximately $69 million. This growth extends to infrastructure projects: on March 30, Bitdeer's Norwegian subsidiary signed an agreement with DCI to develop what would be Norway's largest planned AI data center in Tydal. The facility in Tydal will have a capacity of 180 MW, with an operational target of December 2026, and will focus on Nvidia Vera Rubin workloads, which is Nvidia's next-generation GPU architecture designed for large-scale AI training and inference.
Potter's appointment reflects the complexity of managing both mining operations and data center buildouts at scale.
Both operate in hardware-heavy, capital-intensive businesses where managing supply chains, chip procurement, and massive infrastructure spend is the whole game.
Liu's transition to advisory capacity allows for continuity during the leadership change. Potter takes the helm as Bitdeer navigates expansion in a competitive landscape where capital efficiency and operational execution determine success.
