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

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.