# Fred Krueger Proposes a $2 Million Bitcoin Wager to Jason Calacanis

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/42480
Published: 2026-10-28T08:54:54.000Z
Updated: 2026-10-28T08:54:54.000Z
Section: People

> Each participant would put up $1 million under terms that run through Oct. 28, 2036. Calacanis suggested a 12-month version.

Bitcoin investor Fred Krueger proposed a $2 million total wager to podcast host Jason Calacanis on whether Bitcoin (BTC) will set a new high by Oct. 28, 2036.

Under Krueger’s proposed terms, each participant would put $1 million into a separate custody account with a custodian both accept. An objective price oracle would determine the result. If Bitcoin set a new high before the deadline, the wager would end immediately and Krueger would win. Otherwise, Calacanis would win at settlement on Oct. 28, 2036.

The benchmark is Bitcoin’s October 2025 record of $126,210.5. Calacanis replied with a proposal to make the wager last 12 months.