Grayscale Bittensor Trust Issues 151,900 Shares in Private Placements

Grayscale Bittensor Trust (TAO) has disclosed that it issued 151,900 shares in private placements to selected accredited investors. This move was made under Rule 506(c) of Regulation D, which allows for general solicitation as long as the purchasers are accredited investors.

The aggregate value of the tokens distributed is around $81,272, according to a Form 8-K filed on September 28, 2026. The sales were conducted at prices determined by reference to the trust's net asset value per share.

As a result of this issuance, the total number of shares issued and outstanding now stands at 2,994,200, representing an increase of approximately 5.3% from the previous total.