---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-170664"
form_type: "8-K"
ticker: "GTAO"
cik: "0002029297"
company_name: "Grayscale Bittensor Trust (TAO)"
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:56:57.225006+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Grayscale Bittensor Trust sells 182,600 shares for ~$1M in private placement

## Summary
- Issued 182,600 shares at NAV-derived prices to accredited investors under Rule 506(c).
- Raised aggregate of 3,488.08 TAO ($1,000,457); Grayscale Securities acted as Authorized Participant.
- Total shares outstanding now 2,185,400 as of April 22, 2026.
- No underwriting discounts or commissions paid with respect to the sales.

## SEC filing metadata
- accession: 0001193125-26-170664
- form_type: 8-K
- ticker: GTAO
- cik: 0002029297
- company_name: Grayscale Bittensor Trust (TAO)
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2029297/000119312526170664/0001193125-26-170664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2029297/000119312526170664/tao-20260418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-170664
- JSON: https://secwatch.observer/filing/0001193125-26-170664.json
- Plain text: https://secwatch.observer/filing/0001193125-26-170664.txt

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