Matt Prusak, the president and interim chief financial officer of the Nasdaq-listed bitcoin miner American Bitcoin, is leaving the company. Prusak will step down from his positions effective August 4, following his notification to the company on July 30.

I am shifting upstream to the power infrastructure now constraining both mining and AI compute.
— Matt Prusak

Prusak will join Houston-based Giga Energy as chief business officer and interim CFO. Giga Energy develops and manufactures power equipment and AI data center infrastructure.

6.5 GW gigawatts

Power infrastructure delivered by Giga Energy

Giga Energy is currently developing more than 500 megawatts of AI-ready data center capacity.

American Bitcoin leadership transition

American Bitcoin has appointed Paul Sacks as interim CFO, effective August 4. Sacks will continue in his current role as head of derivatives, a position he has held since May.