Reference Library · Updated November 13, 2026

Bitcoin Glossary

Bitcoin, treasury and reserve terms, defined in plain English from A to Z.

Every term you will meet on this site and in Bitcoin treasury coverage, from the protocol to the balance-sheet metrics. 47 terms have a full explainer with worked examples and FAQs; the rest are listed so you can see what is coming. For the wider picture, start with What Is a Strategic Bitcoin Reserve? or see who holds Bitcoin on the global tracker and the companies index.

Showing 266 of 266

Underlined terms open a full explainer.

A

  • Absolute Scarcity
  • Adaptor Signature
  • Address
  • Adj. BTC Yield YTD %
  • Air Gap
  • Application-Specific Integrated Circuit (ASIC)
  • Arbitrage
  • Assets Under Management (AUM)
  • Assumed Fully Diluted Shares
  • Austrian Economics
  • Average Cost Basis

B

  • Balance Sheet
  • Basic Earnings Per Share (EPS)
  • Basic Shares Outstanding
  • Basis Points
  • Bear Market
  • Bear Trap
  • Bearer-asset
  • Bitcoin
  • Bitcoin Core
  • Bitcoin Dominance
  • Bitcoin Improvement Proposal (BIP)
  • Bitcoin Maximalism
  • Bitcoin Node
  • Bitcoin Per Share
  • Bitcoin Quant
  • Bitcoin Script
  • Bitcoin Supply
  • Bitcoin Whitepaper
  • Blind Signatures
  • Block
  • Block Explorer
  • Block Header
  • Block Height
  • Block Reward
  • Block Size
  • Block Subsidy
  • Block Weight
  • Blockchain
  • Bond
  • Brokerage
  • BTC
  • BTC $ Income
  • BTC Bought Per Day
  • BTC Denominated Debt
  • BTC in Treasury
  • BTC NAV
  • BTC Yield
  • BTC Yield Discount
  • BTC Yield Multiple
  • BTC Yield Multiple (1 Year)
  • BTC Yield YTD %
  • Bubble
  • Bull Market
  • Bull Trap
  • Byzantine Generals Problem

C

  • Call Option
  • Cantillon Effect
  • Capital Gains
  • Capital Losses
  • Cash
  • Censorship Resistance
  • Centralization
  • Chain Analysis
  • Change Output
  • Circular Economy
  • Coinbase Transaction
  • CoinJoin
  • CoinSwap
  • Cold Storage
  • Collaborative Custody
  • Collateral
  • Confirmation
  • Consensus
  • Cost Basis
  • Counterparty Risk
  • Cryptography
  • Custodial
  • Custodial Wallet
  • Custody
  • Cypherpunk

D

  • Days Between Purchases
  • Days Since First Purchase
  • Days to Cover mNAV
  • Debasement
  • Debt (USD)
  • Decentralization
  • Deflationary
  • Delta
  • Derivatives
  • Diamond Hands
  • Difficulty
  • Difficulty Adjustment
  • Digital Cash
  • Digital Credit
  • Dollar Cost Averaging (DCA)
  • Double Spend

E

  • ECDSA
  • Elliptic Curve Cryptography (ECC)
  • Encryption
  • End-to-End (E2E) Encryption
  • Enterprise Value
  • Equity
  • Escrow
  • ETF (Exchange Traded Fund)
  • Exchange
  • Executive Order 6102
  • Extended Private Key (Xprv)
  • Extended Public Key (Xpub)

F

  • Fiat Currency
  • Fiat Debt to BTC NAV
  • Fiduciary Duty
  • First Purchase
  • Forward BTC in Treasury
  • Forward BTC Yield
  • Forward mNAV
  • Forward Months to Cover mNAV
  • Forward Price to Bitcoin Yield Derived
  • Fractional Reserve Banking
  • FUD (Fear, Uncertainty, and Doubt)
  • Full Node
  • Fully Diluted mNAV
  • Fungibility
  • Futures

G

H

I

  • Immutability
  • Incremental BTC Required
  • Incremental Capital Required

L

  • Layer 2
  • Ledger
  • Legal Tender
  • Leverage
  • Lightning Address
  • Lightning Channel
  • Lightning Network
  • Limit Order
  • Liquid Network
  • Liquidity
  • LNURL
  • Long Position

M

N

O

  • Off-Chain
  • Off-Ramp
  • On-Chain
  • On-Ramp
  • Opcode
  • Open Source
  • Opportunity Cost
  • Options
  • Oracle Problem
  • Orange Coin
  • Orphan Block
  • Over The Counter (OTC)

P

  • Paper Wallet
  • Partially Signed Bitcoin Transaction (PSBT)
  • Pay-to-Public-Key (P2PK)
  • Pay-to-Public-Key-Hash (P2PKH)
  • Pay-to-Script-Hash (P2SH)
  • Pay-to-Taproot (P2TR)
  • Pay-to-Witness-Public-Key-Hash (P2WPKH)
  • Pay-to-Witness-Script-Hash (P2WSH)
  • PayJoin
  • Peer-to-Peer (P2P)
  • Percent of BTC Stack
  • Percent of New BTC Supply Bought Daily
  • Point Time Locked Contract (PTLC)
  • Preferred Shares Outstanding
  • Price Discovery
  • Principal
  • Private Key
  • Proof of Keys
  • Proof of Reserves
  • Proof-of-Work (PoW)
  • Protocol
  • Public Key
  • Put Option

Q

  • Quantitative Easing (QE)
  • Quantitative Tightening (QT)

R

  • Risk Adjusted Months to Cover mNAV

S

T

  • Taker
  • Taproot
  • Technical Analysis
  • Testnet
  • Time Preference
  • Timechain
  • Timelock
  • Torque Adjusted BTC Yield %
  • Transaction
  • Transaction Fee

U

  • Unit Bias
  • Unit of Account
  • UTXO
  • UTXO Set

V

W

X

  • XBT

Y

  • Yield

Z

  • Zero-Confirmation Transaction
  • Zero-Knowledge Proof (ZKP)

266 terms indexed, 47 full explainers live. Updated November 13, 2026. Missing a term you need? Tell us and we will move it up the list.

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