{"filing":{"accession_number":"0001193125-26-232526","cik":"0002029297","ticker":"GTAO","company_name":"Grayscale Bittensor Trust (TAO)","form":"8-K","filing_date":"2026-05-20","report_date":null,"primary_document":"gtao-20260515.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2029297/000119312526232526/gtao-20260515.htm"},"events":[{"id":9789,"run_id":8582,"accession_number":"0001193125-26-232526","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The filing discloses an unregistered sale of 211,900 Shares in a private placement to accredited investors under Rule 506(c) of Regulation D, representing an aggregate of 4,038.87 TAO worth $1,149,569. This is a classic dilutive issuance exempt from registration requirements, with Grayscale Securities acting as Authorized Participant and potential underwriter. The disclosure explicitly references Item 3.02 (Unregistered Sales of Equity Securities) and notes that periodic share creation may constitute ongoing distributions.","company_name":"Grayscale Bittensor Trust (TAO)","ticker":"GTAO","filing_date":"2026-05-20","form":"8-K","submitted_at":null,"items":[{"id":587,"accession_number":"0001193125-26-232526","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 211,900 Shares in a private placement to accredited investors under Rule 506(c) of Regulation D, representing an aggregate of 4,038.87 TAO worth $1,149,569. This is a classic dilutive issuance exempt from registration requirements, with Grayscale Securities acting as Authorized Participant and potential underwriter. The disclosure explicitly references Item 3.02 (Unregistered Sales of Equity Securities) and notes that periodic share creation may constitute ongoing distributions.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:46:33.650457+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":587,"accession_number":"0001193125-26-232526","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 211,900 Shares in a private placement to accredited investors under Rule 506(c) of Regulation D, representing an aggregate of 4,038.87 TAO worth $1,149,569. This is a classic dilutive issuance exempt from registration requirements, with Grayscale Securities acting as Authorized Participant and potential underwriter. The disclosure explicitly references Item 3.02 (Unregistered Sales of Equity Securities) and notes that periodic share creation may constitute ongoing distributions.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-21T02:46:33.650457+00:00","company_name":"Grayscale Bittensor Trust (TAO)","ticker":"GTAO","filing_date":"2026-05-20"}]}