Osprey Bitcoin Trust (OBTC) Operating Expenses (2020 - 2026)

Osprey Bitcoin Trust has reported Operating Expenses for 7 years, with the latest figure at $108491.0 in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 80.75% year-over-year to $108491.0; the trailing twelve-month figure through Mar 2026 stood at $1.8 million (up 6.43% YoY), and the FY2025 full-year result was $2.1 million, up 34.43% from the prior year.
• Operating Expenses for Q1 2026 stood at $108491.0, down from $563499.0 in the prior quarter.
• The five-year high for Operating Expenses was $870473.0 in Q4 2024, with the low at $108491.0 in Q1 2026.
• Historically, Operating Expenses has averaged $364229.0 across 5 years, with a median of $290545.0 in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses rose 26.73% — and 2026, when it slumped 80.75%.
• Osprey Bitcoin Trust's Operating Expenses stood at $339354.0 in 2022, then slipped by 25.73% to $252042.0 in 2023, then jumped by 245.37% to $870473.0 in 2024, then tumbled by 35.27% to $563499.0 in 2025, then tumbled by 80.75% to $108491.0 in 2026.
• The last three Operating Expenses figures came in at $108491.0 (Q1 2026), $563499.0 (Q1 2025), and $870473.0 (Q4 2024), per Business Quant data.