Blackstone Digital Infrastructure Trust has priced its initial public offering of 87.5 million shares of common stock at $20 per share. The company also granted the underwriters a 30-day option to purchase additional shares. If fully exercised, the offering is expected to generate gross proceeds of approximately $2 billion and result in 100.6 million outstanding shares of common stock.
The shares are expected to begin trading on the New York Stock Exchange on May 14, 2026, under the ticker symbol “BXDC.” The offering is expected to close on May 15, 2026, subject to customary closing conditions.
The company said it intends to invest the net proceeds primarily in newly constructed, income-generating stabilized data center assets in line with its investment strategy.
Goldman Sachs & Co. LLC, Citigroup, Morgan Stanley, Barclays, BofA Securities, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as joint lead book
