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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:

You are saying your paycheck goes into bitcoin first, rather than being spent on unnecessary purchases, but will acquiesce when you need a new car.

From MarketWatch ● Sep. 28, 2026

There’s no consensus on bitcoin, and estimates vary dramatically, depending on who you talk to.

From MarketWatch ● Sep. 28, 2026

Citigroup also has a bear outlook that could see bitcoin falling to $53,000 per coin over the next year.

From MarketWatch ● Sep. 28, 2026

There is also an increasingly heretical chorus of analysts who don’t believe all that glitters is bitcoin.

From MarketWatch ● Sep. 28, 2026

There’s no consensus on bitcoin and estimates vary dramatically.

From MarketWatch ● Sep. 28, 2026

A small sale by Strategy in May had that effect, even though it sold just 32 bitcoins for $2.5 million.

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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