---
schema_version: "secwatch.filing_event.v1"
accession: "0000930413-23-000067"
form_type: "8-K"
ticker: "OBTC"
cik: "0001767057"
company_name: "Osprey Bitcoin Trust"
filed_at: "2023-01-13T23:59:59+00:00"
generated_at: "2026-06-20T15:24:14.013765+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Osprey Bitcoin Trust considering redemption program for unitholders; no new sales

## Summary
- Trust has not accepted new purchases for over one year and has no present intention to reopen sales.
- Considering a redemption program, likely limited periodic redemptions but open-ended not ruled out.
- Working with legal counsel to implement the redemption program; updates to follow.
- CEO Gregory King published the update in a letter to unitholders on January 13, 2023.

## SEC filing metadata
- accession: 0000930413-23-000067
- form_type: 8-K
- ticker: OBTC
- cik: 0001767057
- company_name: Osprey Bitcoin Trust
- filed_at: 2023-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767057/000093041323000067/0000930413-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767057/000093041323000067/c105277_8k-ixbrl.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000930413-23-000067
- JSON: https://secwatch.observer/filing/0000930413-23-000067.json
- Plain text: https://secwatch.observer/filing/0000930413-23-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.