Osprey Bitcoin Trust Operating Expenses Growth & History (OBTC)
Osprey Bitcoin Trust's operating expenses was $2.1M for fiscal 2025.
View full Osprey Bitcoin Trust company overviewOsprey Bitcoin Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.1M | $546,310 | +34.43% |
| 2024 | 2024-12-31 | $1.6M | — | — |
| 2022 | 2022-12-31 | $1.1M | $79,350 | +7.63% |
| 2021 | 2021-12-31 | $1.0M | $870,848 | +514.90% |
| 2020 | 2020-12-31 | $169,129 | — | — |
Osprey Bitcoin Trust quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $82,912 | −$394,153 | −82.62% |
| Q1 2026 | 2026-03-31 | $108,491 | −$455,008 | −80.75% |
| Q2 2025 | 2025-06-30 | $477,065 | — | — |
| Q1 2025 | 2025-03-31 | $563,499 | — | — |
| Q3 2023 | 2023-09-30 | $252,042 | $53,159 | +26.73% |
| Q4 2022 | 2022-12-31 | $339,354 | −$7,859 | −2.26% |
| Q3 2022 | 2022-09-30 | $198,883 | −$89,428 | −31.02% |
| Q2 2022 | 2022-06-30 | $308,637 | $58,571 | +23.42% |
| Q1 2022 | 2022-03-31 | $272,453 | $118,066 | +76.47% |
| Q4 2021 | 2021-12-31 | $347,213 | — | — |
| Q3 2021 | 2021-09-30 | $288,311 | $232,409 | +415.74% |
| Q2 2021 | 2021-06-30 | $250,066 | — | — |
| Q1 2021 | 2021-03-31 | $154,387 | — | — |
| Q3 2020 | 2020-09-30 | $55,902 | — | — |
Osprey Bitcoin Trust operating expenses trends
Over the last five fiscal years, Osprey Bitcoin Trust's operating expenses increased from $169,129 to $2.1M, a change of $2.0M. The latest reported quarter, Q2 2026, shows $82,912.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Osprey Bitcoin Trust source filings ↗