Osprey Bitcoin Trust OBTC

Financials SIC 6221 - Commodity Contracts Brokers & Dealers NAICS Finance and Insurance › Securities, Commodity Contracts, and Other Financial Investments and Related Activities › Securities and Commodity Contracts Intermediation and Brokerage › Commodity Contracts Intermediation derived Nasdaq

Bitcoin Trust (the "Trust") is an exchange-traded fund that issues shares of beneficial interest ("Shares") that

are listed on The Nasdaq Stock Market LLC (the "Listing Exchange") and which began trading under the ticker symbol "OBTC"

on December 19, 2025. The investment objective of the Trust is for the Shares to reflect the performance of Bitcoin as measured by reference

to the CME CF Bitcoin Reference Rate - New York Variant (the "Index"), less the Trust's expenses and other liabilities.

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Last close 25.99 2026-10-23

Market cap $76.4M 2026-06-30 share count

52-week range 18.38 - 31.49

Valuation FY2025 figures against the last close

P/S—

P/E—

P/FCF—

EV/EBITDA—

Dividend yield—

Diluted EPS—

Annual financial statements

Income statement

Fiscal year	FY2025	FY2024	FY2022	FY2021	FY2020
Total operating expenses	—	—	$1.1M	$1.0M	$169.1K
Net income	-$13.4M	$119.4M	—	—	—

Balance sheet

Fiscal year	FY2025	FY2024	FY2022	FY2021	FY2020
Total assets	$136.8M	$181.0M	$46.3M	$129.8M	$45.0M
Total liabilities	$65.2K	$265.8K	$263.5K	$84.1K	$65.1K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-014439.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)

Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity

Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks

Revenue
Gross profit
Net income

Fiscal year	FY2020	FY2021	FY2022	FY2024	FY2025
Revenue	—	—	—	—	—
Gross profit	—	—	—	—	—
Net income	—	—	—	$119.4M	-$13.4M

Recent filings and events

2026-06-22 Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
2026-04-01 Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
2026-01-12 Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
2025-12-23 Material agreement signed Item 1.01
2024-03-05 Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
2024-01-23 Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
2024-01-11 Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 6221

Ticker	Company	Market cap	P/E	Revenue growth
GLD	SPDR GOLD TRUST	$129.19B	—	—
IBIT	iShares Bitcoin Trust ETF	$59.81B	—	—
IAU	ISHARES GOLD TRUST	$59.26B	—	—
GLDM	World Gold Trust	$27.23B	—	—
SLV	iShares Silver Trust	$26.22B	—	—
ETHA	iShares Ethereum Trust ETF	$20.82B	—	—
GBTC	Grayscale Bitcoin Trust ETF	$10.79B	—	—
AGQ	ProShares Trust II	$6.92B	—	—