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Bitcoin may struggle to hit $250,000 as Michael Saylor's market moves 'broke the game,' says Uber investor.

Market News
19 Aug 2026, 09:21 WIB
UToday
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Neutral
Bitcoin may struggle to hit $250,000 as Michael Saylor's market moves 'broke the game,' says Uber investor.

Early Uber investor Jason Calacanis doubts Bitcoin can reach $250,000 or $1 million, arguing that Michael Saylor's aggressive accumulation and complex financial strategies have disrupted the Bitcoin market. Calacanis criticizes MicroStrategy's approach as overly complicated and suggests investors should buy Bitcoin directly instead. Despite this, some remain optimistic, citing Bitcoin's resilience and upcoming supply cuts that could boost prices. The debate highlights differing views on Bitcoin's future growth potential amid evolving market dynamics.

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