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bitcoin

American  
[bit-koin] / ˈbɪtˌkɔɪn /

noun

bitcoins plural
  1. Often Bitcoin the first widely established cryptocurrency, which uses state-of-the-art cryptography, can be issued in any fractional denomination, and has a decentralized distribution system.

    Increasing numbers of stores and online businesses accept Bitcoin.

  2. a single unit of bitcoin, the first widely established cryptocurrency.

    The value of a bitcoin has sometimes surpassed the value of an ounce of gold.


Usage

What's the difference between bitcoin, cryptocurrency, and digital currency? See digital currency ( def. ).

Other Word Forms

Noun Inflected Forms

Etymology

Origin of bitcoin

First recorded in 2005–10; bit 3 ( def. ) + coin

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

It promoted bitcoin and other crypto — that’s when the trouble started.

From MarketWatch Jul. 14, 2026

From October 2024 through January 2025, as bitcoin lofted past $100,000, investors poured an astounding $20.7 billion into this group of ETFs.

From The Wall Street Journal Jul. 10, 2026

On Monday, Strategy said it sold a total of 3,588 bitcoins over the past week at a weighted-average price of $60,197 per bitcoin to raise $216 million.

From MarketWatch Jul. 6, 2026

Strategy had previously been issuing preferred stock and selling common stock to raise money to buy and hold bitcoin.

From MarketWatch Jul. 6, 2026

The bitcoin hoarder created a bespoke valuation metric that ignores market realities.

From The Wall Street Journal Jul. 6, 2026

Strategy sold more than 3,000 bitcoins to raise cash to pay dividends on its preferred stock — something Executive Chair Michael Saylor had previously said it didn’t need to do.

From The Wall Street Journal Jul. 6, 2026

Strategy’s holdings represent 4% of the total bitcoins that will ever exist.

From The Wall Street Journal Jul. 6, 2026

Strategy acquired 4,871 bitcoins for $330 million, despite a $14.46 billion first quarter unrealized loss.

From Barron's Apr. 7, 2026

In fact, it was a remote desktop application that enabled Lam and his conspirators to transfer 4,000 bitcoins to themselves, Stratton said.

From Los Angeles Times Mar. 24, 2026

The company then used that money to buy 592 bitcoins during the week to Feb. 22, at an average price of $67,286 per token.

From MarketWatch Feb. 23, 2026

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