The president of American Bitcoin, a Bitcoin mining company associated with Trump, has resigned to join an AI energy infrastructure company

According to CoinDesk, American Bitcoin (ABTC), a Bitcoin mining company associated with the Trump family, announced that President and interim Chief Financial Officer (CFO) Matt Prusak will leave on August 4 to join AI and energy infrastructure company Giga Energy as Chief Business Officer and interim CFO.

Prusak stated that after "years of building the Bitcoin business," he will shift to the upstream energy infrastructure sector, focusing on the current power supply issues that limit the development of Bitcoin mining and AI computing.

American Bitcoin was co-founded by Eric Trump and supported by Hut 8, and it is a publicly traded Bitcoin mining company listed on NASDAQ. Prusak was previously responsible for driving the company's Bitcoin accumulation strategy, including expanding hash power and increasing the BTC holdings per share.

Giga Energy, headquartered in Houston, primarily develops power equipment and AI data center infrastructure. The company stated that it has delivered over 6.5GW of power infrastructure and is developing over 500MW of AI data center capacity.

Industry insiders believe that Prusak's transition reflects the accelerating migration of the Bitcoin mining industry towards the AI infrastructure sector. As competition in the mining business intensifies and profit margins are pressured, more mining companies are beginning to leverage their own power resources, land reserves, and data center capabilities to enter the AI computing infrastructure market.

As large tech companies compete for power and data center capacity, energy supply has become a core bottleneck for the expansion of AI computing, and companies with the ability to integrate power resources are gaining more attention.