Mike Colyer

Chief Executive Officer

Foundry, a Digital Currency Group Company

Mike joined Foundry as its founding CEO in October 2019. Foundry focuses on empowering decentralized infrastructure with over 170 employees and runs the largest Bitcoin mining pool in the world. Previously, Mike concentrated on business development at Core Scientific, which is now North America’s largest cryptocurrency miner and hosting company. He was the President and COO of Savage IO, a small, Western NY-based 3MW mining company. Mike has spent the last 6 years navigating the large-scale mining space, building strong relationships with key industry participants. Before his pivot into the crypto industry, Mike was an operational and commercial executive for manufacturing and distribution firms for more than two decades, often serving at the behest of private-equity backers. Mike started his career at GE. In 2007, Mike and his wife, Lisa, co-founded the Clairebear Foundation, a non-profit that supports families with sick children. Mike graduated in 1996 from the State University of New York at Buffalo with a Bachelor of Science in Civil Engineering and an MBA in Corporate Finance.