Jason Calacanis Urges Bitcoin Holders to Shift Capital Toward AI Tokens

Investor Jason Calacanis has advised holders of bitcoin to consider reallocating their investments into artificial intelligence–related tokens, arguing the cryptocurrency’s momentum has waned and its future price peaks may be out of reach.

On social media he suggested selling BTC, predicting the asset could revisit roughly $57,000 within a year and might never set a new all-time high. Calacanis framed his recommendation as a response to what he sees as a loss of enthusiasm among buyers and growing capital flows toward AI opportunities.

Why he thinks the narrative has changed

Calacanis pointed to recent withdrawals from bitcoin exchange-traded funds as evidence that investor appetite is shifting. Although some funds recorded inflows afterward, he interpreted the outflows — about $774 million over a two-day span according to one tracker — as a sign that the pressure to own bitcoin is easing.

“Why put your resources into a dead network that offers nothing beyond a store of value?” he asked, questioning where fresh demand for bitcoin will come from if its cultural momentum has faded.

An alternative: AI-focused tokens that reward builders

Rather than abandoning tokens entirely, Calacanis said he prefers crypto projects that directly incentivize the creation of AI services. He disclosed a position in TAO, the token powering Bittensor, which compensates contributors for providing compute, AI outputs and storage, and uses market-style competition to surface useful results.

His view is that AI delivers immediately usable value to ordinary people in a way that many crypto projects have not, making it a more compelling destination for capital than a digital asset whose primary utility is store-of-value status.

What this means for investors

• Reallocation thesis: Move from passive BTC holdings toward tokens that pay participants for building AI functionality.
• Market signal: ETF outflows may indicate softer demand for bitcoin’s scarcity story.
• Portfolio approach: Maintain exposure to crypto when it directly supports productive activity, such as AI infrastructure or services.

Calacanis’ stance blends macro-level skepticism about bitcoin’s next buyer with selective optimism about crypto-native projects that accelerate AI development.