According to Reuters, Blackstone Digital Infrastructure Trust plans to raise $1.75 billion in a U.S. IPO on May 4. The trust is offering 87.5 million shares at $20 each and will list on the New York Stock Exchange under the ticker BXDC. The company plans to use IPO proceeds to purchase newly built data centers as demand rises for facilities supporting AI and other digital services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. Stock Indices Close Mixed on Tuesday; Nasdaq Falls 0.71%, Semiconductor Sector Down Over 3%
U.S. stock indices closed mixed on Tuesday, with the Nasdaq falling 0.71%, the S&P 500 declining 0.16%, and the Dow Jones Industrial Average rising 0.11%. The semiconductor sector faced broad selloff pressure, with the Philadelphia Semiconductor Index (SOX) dropping over 3%. Qualcomm fell more
GateNews32m ago
JPMorgan Launches JLTXX Tokenized Money Market Fund on Ethereum on May 12
According to an SEC filing on May 12, JPMorgan launched JLTXX, its second tokenized money market fund on Ethereum. The OnChain Liquidity-Token Money Market Fund will invest in U.S. Treasurys and overnight repurchase agreements, designed to satisfy reserve requirements that stablecoin issuers must ma
GateNews1h ago
21Shares Launches First-Ever Hyperliquid ETF (THYP), Posts $1.8M in First-Day Trading Volume
According to Bloomberg ETF Analyst James Seyffart, 21Shares' Hyperliquid ETF (THYP) launched on Tuesday with $1.8 million in first-day trading volume. Seyffart described the debut as a "very, very solid day and better than your average ETF launch." The fund provides investors exposure to the HYPE to
GateNews1h ago
Commonwealth Bank of Australia Reports Q3 Cash Profit of A$2.7B, Up 4% Year-over-Year
According to Commonwealth Bank of Australia (CBA), the country's largest lender reported after-tax cash net profit of A$2.7 billion (approximately US$1.95 billion) for the third quarter ended March 31, up 4% compared to A$2.6 billion in the same period last year. However, the result was 1% lower
GateNews1h ago
Nvidia CEO Jensen Huang Earns $36.3M in Total Compensation for Fiscal 2026
According to SEC filings, Nvidia CEO Jensen Huang received total compensation of $36.3 million for fiscal year 2026, as disclosed in regulatory documents.
GateNews2h ago
eToro Q1 2026 Crypto Revenue Falls to $2.15B Amid Trading Decline
eToro's crypto revenue dropped to $2.15 billion in the first quarter of 2026, down from $3.5 billion in the same period last year, according to the brokerage's financial statement published on Tuesday. The decline reflects a broader slowdown in crypto activity, with the total number of trades down 3
CryptoFrontier3h ago
