American Bitcoin president Matt Prusak jumps ship to Giga Energy as CFO

Matt Prusak is leaving his role as president and interim CFO of American Bitcoin Corp to join Giga Energy as chief business officer and interim CFO, effective August 4. The move marks a notable executive departure from one of the most politically connected Bitcoin mining operations in the US. American Bitcoin, which trades on the Nasdaq under the ticker ABTC, counts Eric Trump as co-founder and chief strategy officer. Eric Trump and Donald Trump Jr. hold 20% ownership of the company. Prusak’s exit comes at a time when the firm has built a corporate treasury exceeding 8,000 BTC. Why Giga Energy matters Giga Energy, headquartered in Houston, builds modular power infrastructure and containerized solutions designed for Bitcoin mining operations. Giga isn’t just a Bitcoin mining infrastructure play anymore. The company has over 500 MW of AI-capable data center capacity currently under development, and it has historically deployed infrastructure supporting more than 6.5 GW of power capacity. Prusak’s background makes the hire look deliberate rather than opportunistic. Before American Bitcoin, he held roles at Ionic Digital and US Bitcoin Corp. What American Bitcoin loses Losing both your...