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

Osprey Bitcoin Trust (OBTC) has 7 years of Operating Expenses data on file, last reported 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.
• Across five years, Operating Expenses topped out at $870473.0 in Q4 2024 and bottomed at $108491.0 in Q1 2026.
• The 5-year median for Operating Expenses is $290545.0 (2022), against an average of $364229.0.
• The widest annual swing landed in 2023, when Operating Expenses rose 26.73%; it then plunged 80.75% in 2026.
• A 5-year view of Operating Expenses shows it stood at $339354.0 in 2022, then dropped by 25.73% to $252042.0 in 2023, then surged by 245.37% to $870473.0 in 2024, then slumped by 35.27% to $563499.0 in 2025, then slumped 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.

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