Gabor Gurbacs: U.S. government credibility questioned over lack of Bitcoin purchase

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U.S. urged to act on Bitcoin purchase

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Jose Antonio Gastelum

21.08.2026

Gabor Gurbacs: U.S. government credibility questioned over lack of Bitcoin purchase — U.S. urged to act on Bitcoin purchase

Gabor Gurbacs points out that Bitcoin’s recent rise is partly driven by speculation the U.S. government may buy a million Bitcoin. He notes, however, that despite much discussion, no purchases have taken place. Gurbacs argues that a single BTC acquisition by the government would help establish its credibility. He also notes that while he has worked to lay the groundwork for a reserve fund and Bitcoin purchase, politicians have yet to act.

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Gabor Gurbacs has previously critiqued hedge fund strategies following the Citadel incident, emphasizing the risks of lacking situational awareness when leveraging here. He has also commended Tether for its early adoption of a gold-backed approach that prioritized resilience and stability here. Gurbacs’s recent statements on Bitcoin build on his earlier focus on institutional strategy and asset reserves.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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