Grayscale Bittensor Trust issues 253,100 shares for 4,778 TAO worth $1.45M

Grayscale Bittensor Trust (TAO)

Sold 253,100 Shares to accredited investors at NAV-based prices in Rule 506(c) private placements, receiving 4,777.99171760 TAO worth $1,451,029.
Shares issued and outstanding rose to 3,247,300 as of October 13, 2026.
Grayscale Securities, LLC acted as Authorized Participant; no underwriting discounts or commissions were paid.
Trust notes Shares are created periodically, so a 'distribution' may be occurring; Grayscale Securities may be deemed an underwriter.

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