---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-137945"
form_type: "8-K"
ticker: "GTAO"
cik: "0002029297"
company_name: "Grayscale Bittensor Trust (TAO)"
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T08:02:35.050241+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grayscale Bittensor Trust issued 121,300 shares for $715K in private placement

## Summary
- Issued 121,300 shares to accredited investors at NAV-based prices under Rule 506(c).
- Aggregate proceeds: 2,322.5058 TAO ($715,103).
- Shares outstanding as of April 1, 2026: 2,002,800.
- Grayscale Securities acted as Authorized Participant; may be deemed an underwriter.

## SEC filing metadata
- accession: 0001193125-26-137945
- form_type: 8-K
- ticker: GTAO
- cik: 0002029297
- company_name: Grayscale Bittensor Trust (TAO)
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2029297/000119312526137945/0001193125-26-137945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2029297/000119312526137945/tao-20260328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-137945
- JSON: https://secwatch.observer/filing/0001193125-26-137945.json
- Plain text: https://secwatch.observer/filing/0001193125-26-137945.txt

## Key facts
- Equity Issuances
  Grayscale Bittensor Trust (TAO) issued 121,300 Shares of common stock to selected "accredited investors" for an aggregate of 2,322.50581174 TAO representing $715,103.
  - Security: common stock
  - Shares: 121,300 Shares
  - Purchaser: selected "accredited investors"
  - Consideration: an aggregate of 2,322.50581174 TAO representing $715,103
  source text: Since the sales reported on the most recently filed Annual Report on Form 10-K by Grayscale Bittensor Trust (TAO) (the “Trust”), the Trust issued 121,300 Shares at varying prices determined by reference to its NAV per Share to selected “accredited investors,” within the meaning of Rule 501 of Regulation D under the Securities Act of 1933, as amended (the “Securities Act”), in private placement transactions exempt from the registration requirements of the Securities Act pursuant to Rule 506(c) thereunder for an aggregate of 2,322.50581174 TAO representing $715,103.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2029297/000119312526137945/0001193125-26-137945-index.htm

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