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Early Uber investor urges selling Bitcoin to invest in Solana and other productive crypto projects.

Market News
04 Aug 2026, 08:42 WIB
UToday
View Source
Neutral
Early Uber investor urges selling Bitcoin to invest in Solana and other productive crypto projects.

Jason Calacanis, an early Uber investor, has criticized Bitcoin and Michael Saylor's Bitcoin strategy, urging investors to sell half of their Bitcoin holdings and invest in projects like Solana and Bittensor that are delivering real products. Although Calacanis previously distanced himself from Solana, he now praises its practical applications and entrepreneurial activity. He also warns against investing in Strategy shares due to financial risks and market distortion caused by Saylor's dominance. This shift highlights growing interest in alternative cryptocurrencies with tangible use cases.

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