May 3, 2025

The 'Bitcoin bros in the club' may prevent the U.S. government from buying BTC, according to Arthur Hayes

Arthur Hayes doubts that the U.S. government will print money to buy Bitcoin, while the "popular narrative" paints the "Bitcoin bros" partying in nightclubs.

The co-founder of BitMEX, Arthur Hayes, says it is unlikely that the United States will add more Bitcoin to its reserves, apart from what it has already seized due to the country's high debt levels and the stereotype surrounding the "Bitcoin bros".

"I'm not very involved in the whole Strategic Reserve situation," Hayes said in an interview on May 1.

Hayes doubts plans to print money to buy Bitcoin

"The United States is a deficit country; the only way they can create a Strategic Reserve is by not selling the Bitcoin they took from people, well, that's 200,000 Bitcoin," he said.

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