Blackstone Digital Infrastructure Trust began trading flat on its New York Stock Exchange debut after raising $1.75 billion in a U.S. IPO. Shares opened at $20 and the firm sold 87.5 million shares at the same price. The listing arrives amid a U.S. IPO rush led by artificial intelligence-linked companies, including Cerebras and Fervo Energy. Blackstone says the vehicle will focus on newly built data centers leased to investment-grade hyperscale tenants and has flagged $25 billion in near-term opportunities across key markets.
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