Grant Cardone Bets $1 Million on Bitcoin’s Comeback
Summary
Real estate investor Grant Cardone offered Jason Calacanis a proposed $1 million wager that Bitcoin will reach $126,210.50 by October 28, 2028, slightly above its October 2025 record. Calacanis has not accepted; he predicts Bitcoin could fall to $57,000 within a year and never set another record, citing fading investor interest and spot ETF outflows. Other Bitcoin supporters have proposed or backed similar bets. The debate comes as Bitwise forecasts a price of about $1.6 million by 2036, while noting risks including quantum computing and regulation. Bitcoin was trading near $80,847 when Cardone made the challenge, requiring a roughly 56% rise to meet his target. No wager has been finalized.
