Grayscale Bittensor Trust issues 296,200 shares in private placement for $1.31 million
Reuters2026/08/27 20:04- Grayscale Bittensor Trust (TAO) issued 296,200 shares in a private placement to accredited investors under Rule 506(c).
- Sales totaled 5,612 TAO valued at USD 1.31 million, with pricing referenced to NAV per share.
- Shares outstanding rose to 2,693,500 as of Aug. 27, 2026.
- Grayscale Securities acted as authorized participant; no underwriting discounts or commissions were paid.
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