Quarterly ResultAug 11, 2026, 01:11 PM
Osprey Bitcoin Trust H1 2026 Net Assets Down 59.5% to $55.37M
AI Summary
Osprey Bitcoin Trust reported a significant decline in its financial performance for the first half of 2026. Net assets decreased by 59.5% to $55.37 million, primarily driven by substantial redemptions totaling $50.77 million and $61.36 million in net unrealized depreciation on its Bitcoin holdings. The net asset value per share also fell to $18.83 from $28.12 at the end of 2025.
Key Highlights
- Net assets decreased 59.5% to $55.37 million as of June 30, 2026, from $136.70 million.
- Net asset value per Share fell to $18.83 from $28.12 at December 31, 2025.
- Investment in Bitcoin, at fair value, decreased to $55.39 million from $136.69 million.
- Shares outstanding decreased by 1,920,000 to 2,940,535 due to redemptions.
- Net decrease in net assets was $81.33 million for H1 2026, compared to an increase of $26.60 million in H1 2025.
- Net change in unrealized depreciation on Bitcoin was $61.36 million for H1 2026.
- The Trust redeemed $50.77 million in shares during H1 2026.
- Management Fee payment method changed to U.S. dollars from Bitcoin in December 2025.
Price Impact
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