Blackstone Data Center REIT Raises $1.75 Billion in US IPO
The new vehicle will target newly built data centers leased to investment-grade hyperscale tenants as Big Tech spending on AI infrastructure tops $700 billion.
- On Thursday, New York-based Blackstone Digital Infrastructure Trust began trading on the New York Stock Exchange under the symbol 'BXDC', raising $1.75 billion in its initial public offering to acquire data center assets.
- Blackstone, the world's largest alternative asset manager, holds over $150 billion in global data center assets and previously took operator QTS Realty Trust private in 2021 in a roughly $10 billion deal.
- The new vehicle plans to target data centers worth $250 million to $1.5 billion, having identified roughly $25 billion in near-term opportunities across markets such as Northern Virginia, Ohio, Phoenix, Maryland and Austin.
- IPOX Research Associate Lukas Muehlbauer told Reuters that "the window is wide open right now" for thematic IPOs, as investors bet on strong artificial intelligence adoption growth.
- Big Tech firms are expected to spend over $700 billion on artificial intelligence infrastructure this year, making data centers crucial for storing and processing information necessary for training complex AI models.
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Times of India
The Economic TimesBLACKSTONE DIGITAL INFRASTRUCTURE TRUST-IPO/ (UPDATE 1)UPDATE 1-Blackstone data center vehicle opens flat in New York debut after $1.75 billion IPO
Blackstone Digital Infrastructure Trust opens flat in NYSE debut after $1.75 Billion IPO
Shares of Blackstone Digital Infrastructure Trust opened flat in their New York Stock Exchange debut on Thursday after the newly formed investment vehicle raised $1.75 billion in its US initial public offering.The New York-based company’s stock opened at $20 per share. It sold 87.5 million shares in the IPO at $20 each.Artificial intelligence-linked companies have taken centre stage in the US IPO market this week, with three billion-dollar offer…
Blackstone data center vehicle makes muted debut after $1.75 billion IPO
May 14 : Shares of Blackstone's newly minted investment vehicle opened flat in their market debut on Thursday, after the company raised $1.75 billion in its U.S. initial public offering with plans to buy data center assets.New York-based Blackstone Digital Infrastructure Trust's stock opened at $20 per share,
Blackstone digital infrastructure debuts on NYSE after $1.8 billion IPO
NEW YORK, May 14, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 14th The S&P 500 trades at a record high, with equities up Thursday morning, as gains in technology shares boost the large cap index. The Global X NYSE 100 ETF jumped…
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