Matt Prusak departs American Bitcoin, joins Giga Energy as chief business officer and interim CFO

Separately, Prusak volition permission his positions arsenic president and interim CFO of American Bitcoin (NASDAQ: ABTC) effectual August 4. He notified American Bitcoin of his determination connected July 30, according to the company's disclosure.

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American Bitcoin appointed Paul Sacks arsenic interim CFO opening August 4. Sacks volition proceed arsenic caput of derivatives, a station helium has held since May.

Sacks was co-head of integer exotics astatine BlockFills, a cryptocurrency trading-technology provider, from November 2022 done March 2026. Prior to that, helium co-founded and ran Digital Gamma, a digital-asset trading and financial-technology business.

Prusak held infrastructure roles arsenic main commercialized serviceman astatine US Bitcoin and aboriginal Hut 8. He became CEO of Ionic Digital earlier helping motorboat American Bitcoin successful 2025, wherever helium archetypal led the institution arsenic CEO until its Nasdaq listing successful September. He past became president and interim CFO.

In a station published by Giga, Prusak said his erstwhile positions progressive buying powerfulness infrastructure crossed hundreds of MW and managing the fiscal vulnerability created by task delays. His assignment gives him some concern and concern titles astatine Giga, though the LinkedIn announcement provided nary further firm details.

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American Bitcoin reported $67 cardinal of gross and a $57.2 cardinal nett nonaccomplishment for the 2nd 4th of 2026, with the results released Monday alongside the enactment transition.