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bitcoin newsOct 28, 2026AI summary

Calacanis Faces $3M in Bitcoin Bet Challenges After Bearish Forecast

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Three bitcoin investors offered Jason Calacanis $1 million wagers after he predicted bitcoin would never return to its record high, but he has not accepted.

Calacanis Faces $3M in Bitcoin Bet Challenges After Bearish Forecast

Jason Calacanis has drawn challenges from three bitcoin investors after predicting that the cryptocurrency would never regain its all-time high. Each proposed a $1 million bet against his forecast.

The offers involve different time horizons, including one spanning a decade and another lasting two years. Calacanis has not taken up the wagers, expressing a preference for a shorter contest.

Hollywood producer and bitcoin educator Terence Michael also joined the dispute. The challenges put a combined $3 million on offer, though no agreed wager was reported by Bitcoin.com News.

Source: Bitcoin.com News

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