InvestmentMay 4, 2026, 07:21 AM
Blackstone Digital Infrastructure Trust IPO Priced at $20/Share; NYSE Listing
AI Summary
Blackstone Digital Infrastructure Trust Inc. (BXDC) is launching its Initial Public Offering at an anticipated price of $20.00 per share, with its common stock approved for listing on the NYSE under the symbol "BXDC." IPO investors will receive an additional 1% of their investment in bonus shares, effectively paying $19.80 per share, with Blackstone's Manager covering the cost. The company, which intends to qualify as a REIT, will be externally managed by BX REIT Advisors L.L.C., an affiliate of Blackstone Inc., and will focus on acquiring mission-critical data center assets. Blackstone Treasury Holdings III L.L.C. has indicated interest in purchasing up to $200 million in shares.
Key Highlights
- Initial Public Offering price anticipated at $20.00 per share.
- Common stock approved for listing on NYSE under the symbol "BXDC".
- IPO investors to receive 1% bonus shares, effectively paying $19.80 per share.
- Blackstone affiliate indicated interest in purchasing up to $200 million in shares.
- 5,031,250 shares reserved for directed share program participants.
- Underwriters have option to purchase up to an additional 12,995,000 shares.
- Company to be externally managed by Blackstone Inc. affiliate, BX REIT Advisors L.L.C.
- U.S. data center vacancy rate estimated at 1.3% as of December 31, 2025.