ChainThink reports: The U.S. Bitcoin company (ABTC) supported by the Trump family has recently accelerated the acquisition of Bitcoin, purchasing an additional 1,726 BTC at a weighted average price of approximately $119,120 per BTC between July 1 and August 6, totaling $205.6 million. ABTC is a subsidiary of Hut 8 Corp., and this purchase has increased its strategic Bitcoin reserves to approximately 2,130 BTC, valued at around $254 million based on the current market price. This acquisition follows ABTC's completion of a $220 million private equity financing at the end of June. The company plans to go public through a merger with Gryphon Digital Mining, which has been approved by the U.S. Securities and Exchange Commission (SEC), and shareholder voting is expected to take place later this month.