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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:

“Central banks are buying gold on infrastructure that already exists; institutions are buying bitcoin on infrastructure still being built—the same debasement logic, two different stages.”

From The Wall Street Journal ● Oct. 15, 2026

Lower Treasury yields prompted a fall in the dollar and supported a rise in bitcoin, which rose 0.86% to $83,900.

From The Wall Street Journal ● Oct. 14, 2026

The dollar weakened against a basket of global currencies, lifting gold and bitcoin.

From The Wall Street Journal ● Oct. 13, 2026

While Genesis Digital originally focused on bitcoin mining in Kazakhstan, it later pulled back from the central Asian country.

From The Wall Street Journal ● Oct. 12, 2026

Citibank boosted its 12-month bitcoin target price to $113,000 from $82,000 amid renewed concern that large government deficits could erode the value of fiat currencies.

From The Wall Street Journal ● Oct. 9, 2026

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

From The Wall Street Journal ● Jul. 6, 2026

But that metric began showing the market was valuing Strategy at a discount to the value of its bitcoins.

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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