Matt Prusak Leaves American Bitcoin to Join Giga Energy as Chief Business Officer and Interim CFO
American Bitcoin's President and interim CFO, Matt Prusak, is departing the company effective August 4 after notifying it on July 30. He will join AI/HPC infrastructure provider Giga Energy in dual roles as chief business officer and interim chief financial officer. In a LinkedIn post, Prusak highlighted his experience managing power infrastructure projects across hundreds of megawatts. American Bitcoin has appointed Paul Sacks as its new interim CFO starting August 4. Sacks will continue to lead the derivatives team at American Bitcoin after previously co-heading digital exotics at BlockFills and founding Digital Gamma. The company reported $67 million in revenue for Q2 2026 but also recorded a net loss of $57.2 million. Prusak's departure marks another leadership shift as the firm navigates financial challenges, with his new role expected to bring strategic business expertise to Giga Energy.
Tickers: $ABTC
Topics: cryptocurrency mining executive change financial leadership