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Bitdeer Technologies Group (NASDAQ:BTDR) is one of the 11 Stocks Racking Up Monstrous Gains.

Bitdeer Technologies saw its share prices jump by 18.28 percent on Thursday to close at $18.38 apiece, as investors digested the company’s appointment of a new chief finance officer (CFO).

In a regulatory filing, Bitdeer Technologies Group (NASDAQ:BTDR) said that it appointed Michael Potter as its new CFO effective on Tuesday, May 26. He replaced Jianchun Liu, who tendered his resignation effective June 30, 2026.

Photo by Tima Miroshnichenko on Pexels

To facilitate an orderly transition, the company said that Liu will remain as CFO until the effectivity of his resignation, and will remain in the company as principal advisor.

“Mr. Liu’s resignation was due to personal reasons and was not the result of any dispute or disagreements with the company on any matter relating to the company’s operations, policies, or practices,” Bitdeer Technologies Group (NASDAQ:BTDR) clarified.

Meanwhile, before joining Bitdeer Technologies Group (NASDAQ:BTDR), Potter served as CFO for Corsair Gaming from November 2019 to December 2025, and also led the latter’s path to public listing.

The transition followed Bitdeer Technologies Group’s (NASDAQ:BTDR) dismal earnings performance in the first quarter of the year, having swung to a net loss of $159.5 million from a $105 million net income in the same period a year earlier.

However, total revenues surged by 170 percent to $188.9 million from $70 million year-on-year.

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