Blackstone Digital Infrastructure Trust Inc. filed on May 4 for a US initial public offering that aims to raise up to $1.75 billion, according to the company’s plan disclosed to regulators. [1]

The trust plans to sell shares at $20 each. [1]

Blackstone Digital Infrastructure Trust said it intends to buy already-built and leased data center properties. The assets are tied to demand from the AI infrastructure boom, as the company positions itself to invest in facilities already generating rental income. [1]

The filing came on May 4, one day before today’s date of 2026-05-05. The company has not given a launch date for the stock sale in the facts provided, and the next concrete step in the process is the IPO itself, pending regulatory and market conditions. [1]