If you are having problems running CS:GO servers and are in the beta email the team and ask for access to another account for your dedicated servers. CS:GO is a special case because it is in closed beta, access to its dedicated server is limited to blessed accounts which is why you need a special login.You do NOT need to buy the full game client to update if the dedicated server is free.
So you could currently make an account per machine you wish to run the tool on.
“There is some misunderstanding of the new steamcmd update tool happening here, let me just clear things up: