What Jason Calacanis said
Calacanis, the angel investor and All-In podcast co-host, posted on X that “a brutal year for Bitcoin is just getting started.” He pointed to outflows from spot Bitcoin ETFs, predicted Bitcoin would retest its $57,000 low within 12 months, urged holders to rotate into AI, and said Bitcoin will never break its all-time high again.
“A brutal year for Bitcoin is just getting started.”
Jason Calacanis on X, Oct 27, 2026
What Grant Cardone bet
Cardone, the real-estate investor and long-time Bitcoin buyer, quoted that line and offered a $1,000,000 bet that Bitcoin will break its all-time high. His terms: Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028 at 12 PM PST. He offered to trust Calacanis to pay, or to have both sides put the money with an independent third party.
“Jason, I’ll bet you $1,000,000 it will break its ATH.”
Grant Cardone on X, Oct 28, 2026
How the bet would be decided
It is a one-touch bet. If Bitcoin trades at or above $126,210.50 at any moment before the deadline, Cardone wins. If it never reaches that price by October 28, 2028 at noon Pacific, Calacanis wins. Which exchange or index would settle it has not been agreed publicly.
Has the bet been accepted?
Not formally. Calacanis answered with “So much free money!” and asked whether there was an escrow or platform that could lock the bet in. As of October 30, 2026, no acceptance, escrow arrangement or settlement source has been publicly confirmed. Other Bitcoin backers have also offered bets, with reported totals around $3 million.
Timeline
Coverage spreads across crypto media (CCN, Benzinga, Bitcoinist, BeInCrypto). Reports say other Bitcoin backers, including Fred Krueger, offered their own bets, with total offers reported at around $3 million. Calacanis has not formally accepted Cardone’s bet.
Grant Cardone quotes the post and offers $1,000,000 that Bitcoin will hit or exceed $126,210.50 on or before October 28, 2028 at 12 PM PST, with payment on trust or through an independent escrow.
Calacanis replies “So much free money!” and asks whether there is an escrow or platform that could lock the bet in.
Jason Calacanis posts that “a brutal year for Bitcoin is just getting started,” points to spot Bitcoin ETF outflows, predicts a retest of the $57,000 low within 12 months, and says Bitcoin will never break its all-time high again.
FAQ
What is the Jason Calacanis vs Grant Cardone bet?
Grant Cardone offered Jason Calacanis a $1,000,000 bet that Bitcoin will reach a new all-time high. Calacanis had said Bitcoin will never break its all-time high again; Cardone says it will.
What are the exact terms?
Bitcoin must hit or exceed $126,210.50 on or before October 28, 2028 at 12 PM PST. If it does, Cardone wins. If it never touches that price by the deadline, Calacanis wins.
Did Jason Calacanis accept the bet?
Not formally, as of October 30, 2026. Calacanis replied “So much free money!” and asked about an escrow or platform to lock the bet in, but no acceptance, escrow or settlement terms have been publicly confirmed.
Why $126,210.50?
It is the all-time-high figure Cardone named in his offer, reached in October 2025. Some price sites list a slightly different record (for example about $126,080 on CoinGecko) because each exchange and index records its own high.
How far is Bitcoin from the target?
The live tracker on the home page shows the current Bitcoin price, how far below $126,210.50 it is, the gain still needed, and a countdown to the deadline. Bitcoin traded in the high $70,000s when this page was written, about 60% of the target.
Who else offered to bet against Calacanis?
Reports say several Bitcoin supporters offered bets, including Fred Krueger (with a longer timeline, to 2036). CCN reported total offers of about $3 million; not every offer has been independently confirmed.
Is jasonvscardone.com official?
No. It is an unofficial fan project built for fun and entertainment. It is not affiliated with, approved or endorsed by Jason Calacanis or Grant Cardone, and nothing on it is financial advice.
Do the fan votes or percentages affect the bet?
No. Fan votes are just for fun, and the percentages on the site are price distances to the target, not betting odds or a prediction of who will win.
Sources
- Grant Cardone on X: the $1,000,000 offer ↗
- Jason Calacanis on X: “A brutal year for Bitcoin…” ↗
- CCN: Grant Cardone challenges Jason Calacanis to $1M bet ↗
- Benzinga: Calacanis says Bitcoin will never hit a new all-time high ↗
- BeInCrypto: How to get offered $3 million in Bitcoin bets ↗
- Bitcoinist: Grant Cardone bets $1 million on Bitcoin’s comeback ↗
jasonvscardone.com is an unofficial fan project for fun and entertainment. It is not affiliated with, approved or endorsed by Jason Calacanis or Grant Cardone. Nothing here is financial advice.