{"filing":{"accession_number":"0001193125-26-405311","cik":"0002029297","ticker":"GTAO","company_name":"Grayscale Bittensor Trust (TAO)","form":"8-K","filing_date":"2026-09-28","report_date":"2026-09-23","primary_document":"gtao-20260923.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2029297/000119312526405311/gtao-20260923.htm"},"events":[{"id":35428,"run_id":32629,"accession_number":"0001193125-26-405311","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The Trust issued 151,900 shares in private placement transactions to accredited investors pursuant to Rule 506(c) of Regulation D, exempt from Securities Act registration. The filing explicitly discloses unregistered equity sales totaling $891,272 in aggregate value, with Grayscale Securities acting as Authorized Participant and potential underwriter. This is a classic dilutive issuance under Item 3.02, material to investors as it increases share count and dilutes existing holders.","company_name":"Grayscale Bittensor Trust (TAO)","ticker":"GTAO","filing_date":"2026-09-28","form":"8-K","submitted_at":null,"items":[{"id":39468,"accession_number":"0001193125-26-405311","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 Trust issued 151,900 shares in private placement transactions to accredited investors pursuant to Rule 506(c) of Regulation D, exempt from Securities Act registration. The filing explicitly discloses unregistered equity sales totaling $891,272 in aggregate value, with Grayscale Securities acting as Authorized Participant and potential underwriter. This is a classic dilutive issuance under Item 3.02, material to investors as it increases share count and dilutes existing holders.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T20:10:10.139777+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39468,"accession_number":"0001193125-26-405311","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 Trust issued 151,900 shares in private placement transactions to accredited investors pursuant to Rule 506(c) of Regulation D, exempt from Securities Act registration. The filing explicitly discloses unregistered equity sales totaling $891,272 in aggregate value, with Grayscale Securities acting as Authorized Participant and potential underwriter. This is a classic dilutive issuance under Item 3.02, material to investors as it increases share count and dilutes existing holders.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T20:10:10.139777+00:00","company_name":"Grayscale Bittensor Trust (TAO)","ticker":"GTAO","filing_date":"2026-09-28"}]}