Blackstone Digital Infrastructure Trust seeks $1.75 billion NYSE IPO
Updated
Updated · Bloomberg · May 4
Blackstone Digital Infrastructure Trust seeks $1.75 billion NYSE IPO
15 articles · Updated · Bloomberg · May 4
The vehicle plans to sell shares at $20 each, according to a filing submitted Monday to the US Securities and Exchange Commission.
Backed by Blackstone, it is designed to buy already-built, leased data-centre properties positioned to benefit from rising demand for AI infrastructure.
The offering would give public-market investors exposure to the AI-driven data-centre boom through an acquisition strategy focused on operational assets rather than new development.
With AI profits lagging spending, is Blackstone's IPO a safe infrastructure bet or the next big tech bubble?
Can Blackstone's new REIT overcome the crippling power shortages that threaten to derail the entire AI infrastructure boom?