This is a standard creation event for an open-ended trust. Monitor the trust's NAV and underlying TAO token price for any secondary market discount or premium. No immediate trading action required.
Price Chart
Executive Summary
Grayscale Bittensor Trust issued 211,900 shares (8.84% dilution) to accredited investors for $1,149,569 in a private placement at NAV-based prices. This is a routine periodic creation event that increases share count and token holdings proportionally.
Key Financial Metrics
Key Facts
- Issued 211,900 shares at varying NAV-based prices to accredited investors under Rule 506(c).
- Aggregate proceeds of $1,149,569 received in TAO tokens (4,038.86617550 TAO).
- Total shares outstanding increased to 2,397,300 as of May 20, 2026.
- Grayscale Securities acted as Authorized Participant with no underwriting discounts or commissions.
Financial Impact
8.84% dilution in shares outstanding; $1,149,569 in proceeds (in-kind TAO contribution).
Risk Factors
- Continued periodic creations may dilute existing holders if NAV does not track token price proportionally.
- Potential for secondary market discount if selling pressure from newly issued shares exceeds demand.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-232526 |
| Document: 0001193125-26-232526-index-headers.html | 0001193125-26-232526 |
| Document: 0001193125-26-232526-index.html | 0001193125-26-232526 |
| Document: 0001193125-26-232526.txt | 0001193125-26-232526 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $5.95 | awaiting T+20 | — | $6.05 (+1.68%) |
Oct 23, 2026 3d ago | 144 | $6.20 | awaiting T+20 | — | $6.05 (−2.42%) |
Oct 23, 2026 3d ago | S-1/A | $6.10 | awaiting T+20 | — | $6.05 (−0.82%) |
Oct 13, 2026 14d ago | 8-K | $6.03 | awaiting T+20 | — | $6.05 (+0.33%) |
Oct 5, 2026 21d ago | 8-K | $7.35 | awaiting T+20 | — | $6.05 (−17.69%) |
Jul 30, 2026 12w ago | 144 | $4.50 $5.90 | ▲ +31.17% | ▲ +28.18% | $6.05 (+34.50%) |
Jul 15, 2026 14w ago | 144 | $5.56 $5.01 | ▼ −9.89% | ▼ −13.51% | $6.05 (+8.81%) |
May 20, 2026 22w ago | 8-K | $7.63 $7.01 | ▼ −8.13% | ▼ −8.46% | $6.05 (−20.71%) |
Apr 28, 2026 25w ago | 144 | $7.37 $7.60 | ▲ +3.09% | ▼ −2.96% | $6.05 (−17.93%) |
US Market Status
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