Prusak Leaves ABTC for Giga Energy Amid Industry Talent Shift
Matt Prusak, former president and chief financial officer (CFO) of American Bitcoin (ABTC), is leaving his role to join Giga Energy as chief business officer (CBO) and interim CFO. ABTC is a Nasdaq-listed company co-founded by Eric Trump.
Prusak's move is seen as a sign of the accelerating industry talent shift from Bitcoin mining into AI and power infrastructure. He will step down from American Bitcoin effective Tuesday, according to CoinDesk.
At Giga Energy, Prusak will focus on developing power equipment and AI data center infrastructure. The company has built over 6.5 gigawatts (GW) of power infrastructure and is currently developing an additional 500 megawatts (MW) of AI data center capacity.
Prusak stated that after years of building a Bitcoin business, he is turning his focus to the power infrastructure sector that constrains both mining and AI computing. American Bitcoin has been expanding its hash rate and increasing Bitcoin holdings per share under Prusak's leadership.