Blackstone Digital Infrastructure Trust to price IPO May 13

Blackstone Digital Infrastructure Trust (BXDC) is set to price its IPO on May 13 and list on the NYSE on May 14. The trust will offer 87.5M shares at a fixed $20 price, raising about $1.75B. As a digital-infrastructure trust holding AI infrastructure and data-center assets, it brings the AI capital theme directly to public markets alongside Cerebras.