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bitcoin

American  
[bit-koin] / ˈbɪtˌkɔɪn /

noun

  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. ).

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.

Strategy investors appear to give the company a pass because the share sales effectively mean they get more exposure to more bitcoin.

From MarketWatch • May 11, 2026

The stock rose 3.3% in recent afternoon trading, toward the highest close since Jan. 30, even as bitcoin fell 0.8%.

From MarketWatch • May 11, 2026

A significant portion of the electricity it generates is used to mine bitcoin.

From Salon • May 10, 2026

Others tried their hands at a bottle ring toss to win crypto-themed plushies of pudgy penguins or bitcoin monkeys.

From The Wall Street Journal • May 8, 2026

Find insight on bitcoin, Telus, Cloudflare and more in the latest Market Talks covering technology, media and telecom.

From The Wall Street Journal • May 8, 2026