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Story file

American Bitcoin leadership transitions

The developments in this story so far, most recent first.

  1. · date approximate Background

    Matt Prusak led American Bitcoin as CEO until its Nasdaq listing.

    Matt Prusak, who helped launch American Bitcoin in 2025, led the Nasdaq-listed mining company as CEO until its listing in September. Prior to his role at American Bitcoin, Prusak served as the CEO of Ionic Digital.

    According to company disclosures, Prusak notified the firm of his decision to leave on July 30. His departure from his positions was effective August 4, as he moved to join Houston-based Giga Energy as chief business officer and interim CFO.

  2. Development

    Matt Prusak to depart American Bitcoin for Giga Energy

  3. · date approximate Background

    Paul Sacks has held the post of head of derivatives at American Bitcoin since May.

    Paul Sacks has been serving as the head of derivatives at American Bitcoin since May.

    This role was held during a period of transition for the company, which is a Nasdaq-listed mining firm backed by Hut 8 and co-founded by Eric Trump.

  4. · date approximate Background

    American Bitcoin was launched.

    No separate article for this desk or language yet.

  5. Date unknown Background

    American Bitcoin reported its second quarter 2026 financial results.

    No separate article for this desk or language yet.

  6. Date unknown Background

    Matt Prusak served as CEO of Ionic Digital.

    No separate article for this desk or language yet.