Grayscale Bittensor Trust Issues 148,800 Shares in Private Placement Transactions
Grayscale Bittensor Trust has issued 148,800 shares in private placement transactions to accredited investors. The sales took place since the company's most recent Form 8-K filing, according to a statement based on a Securities and Exchange Commission (SEC) filing.
The shares were sold at prices determined by reference to the trust's net asset value (NAV) per share. The aggregate sale represented 2,814.13415038 TAO, equivalent to $650,589.
Grayscale Securities, LLC acted as the authorized participant for these distributions. Following this transaction, the total number of shares issued and outstanding for Grayscale Bittensor Trust stands at 2,842,300 as of Monday.