Crypto Investors Offer $3 Million in Wagers Against Calacanis's Bearish Bitcoin Forecast

Investors Fred Krueger, Grant Cardone, and Terence Michael have challenged venture capitalist Jason Calacanis with wagers totaling $3 million after he claimed Bitcoin will never break its all-time high of $126,210.50. Calacanis predicted Bitcoin would decline to $57,000 within 12 months as capital rotates toward artificial intelligence. In response, Cardone offered a $1 million bet that Bitcoin will exceed $126,210.50 by October 28, 2028, while Krueger proposed an escrow smart contract using USDC and Chainlink. Although Calacanis called Cardone's wager easy money, he has not formally accepted any binding escrow terms.