- Digital Realty said Tuesday is purchasing a $3.5 billion stake in three data centers from Blackstone.
- The global data center firm fell in premarket trading following the announcement.
The Austin-based global data center firm will pay $1.2 billion in cash and $2.3 billion in shares for data centers in Northern Virginia, valued at $7.8 billion. The transaction is expected to be completed on Tuesday.
Digital Realty will purchase Blackstone's 80% interest in two 96-megawatt data centers in Manassas, Virginia, and a 50% interest in one 96-megawatt data center in Sterling, Virginia.
It was last trading down 3.7% before the market opened.
This is a breaking news story. Please refresh for updates.<small>Source: CNBC</small>
Business
Digital Realty falls 4% after taking $3.5 billion stake in Blackstone's Virginia data centers
CNBC
June 30, 2026
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