THE STREET · 2026-10-28 19:42 UTC

Grant Cardone challenges Bitcoin bear to $1 million bet

Real estate investor Grant Cardone challenged Jason Calacanis to a $1 million bet that Bitcoin will break its all-time high of $126,080 by October 28, 2028, after Calacanis predicted Bitcoin would never reach that level again. Bitcoin has fallen 36% from its October 6, 2025 peak to $80,847, with Calacanis predicting it will test $57,000 in the next 12 months and calling it 'a dead network.' Bitwise's long-term outlook projects Bitcoin at $1.6 million by 2036 in its base case, expecting it to be the best-performing major asset over the next decade.

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