PANews reported on May 27th that, according to The Block, Bitdeer announced that its CFO, Jianchun Liu, will resign at the end of June for personal reasons and will become the company's chief advisor. He will be succeeded by Michael Potter, a veteran technology finance executive. Potter previously served as CFO of Corsair Gaming, leading the company's 2020 IPO, and has held executive positions at semiconductor and technology companies such as Lattice Semiconductor, Honeywell, NeoPhotonics, and STATS ChipPAC. Bitdeer is expanding from Bitcoin mining to AI and cloud computing infrastructure. In its latest quarter, its annualized AI cloud revenue approached $70 million, with over 4,100 GPUs deployed and a utilization rate exceeding 90%. The company is also evaluating the transformation of approximately 3GW of computing power sites in the US, Norway, Bhutan, and other locations into AI cloud and rack hosting businesses.