---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-405311"
form_type: "8-K"
ticker: "GTAO"
cik: "0002029297"
company_name: "Grayscale Bittensor Trust (TAO)"
filed_at: "2026-09-28T20:04:39+00:00"
generated_at: "2026-10-12T13:34:44.444622+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Grayscale Bittensor Trust issues 151,900 shares for 2,869.4 TAO ($891,272) under Rule 506(c)

## Summary
- Trust issued 151,900 Shares to selected accredited investors at varying prices based on NAV per Share, receiving 2,869.41581933 TAO worth $891,272.
- Grayscale Securities, LLC acted as Authorized Participant and distributor/marketer; no underwriting discounts or commissions were paid.
- Shares issued and outstanding totaled 2,994,200 as of September 28, 2026.
- Trust cautions that ongoing periodic creations may constitute a continuous 'distribution,' and Grayscale Securities may be deemed an 'underwriter' under Section 2(a)(11).

## SEC filing metadata
- accession: 0001193125-26-405311
- form_type: 8-K
- ticker: GTAO
- cik: 0002029297
- company_name: Grayscale Bittensor Trust (TAO)
- filed_at: 2026-09-28T20:04:39+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2029297/000119312526405311/0001193125-26-405311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2029297/000119312526405311/gtao-20260923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-405311
- JSON: https://secwatch.observer/filing/0001193125-26-405311.json
- Plain text: https://secwatch.observer/filing/0001193125-26-405311.txt

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