American Bitcoin President Resigns to Join Giga Energy as Chief Business Officer

Matt Prusak departs American Bitcoin on August 4 for Giga Energy, citing a strategic pivot toward upstream power infrastructure critical for AI and mining expansion.

Woofun AI reports that Matt Prusak, president and interim CFO of American Bitcoin (ABTC), has announced his resignation effective August 4. He will assume the roles of chief business officer and interim CFO at Giga Energy, an AI and energy infrastructure developer. Prusak stated in an email that he is shifting focus from BTC mining to "the upstream power infrastructure that currently limits the development of mining and AI hash rate."

American Bitcoin, co-founded by Eric Trump and backed by Hut 8, is listed on Nasdaq. Prusak previously advocated for the firm's BTC accumulation strategy and hash rate expansion. Giga Energy, headquartered in Houston, specializes in power equipment and AI data center infrastructure, claiming delivery of over 6.5 gigawatts of power infrastructure and development of over 500 megawatts of data center capacity.