Blackstone created the Blackstone Digital Infrastructure Trust, a REIT that trades on the NYSE and invests in mature data‑center markets like Northern Virginia and Dallas. The fund sold 87.5 million shares at $20 each in its mid‑May 2026 debut, but the shares have slipped to under $17, a drop of roughly 16 %. Investors face new risks as states such as New York and Texas enact moratoriums on new hyperscale data‑center approvals, reflecting rising local opposition.
Why it matters
Retail investors considering the REIT must weigh the potential returns against political and regulatory headwinds that could delay or cancel data‑center projects.
