DigitalOcean repurchases $472M in convertible notes via stock offering
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DigitalOcean Reduces Leverage with No Effective Dilution and Minimal Cash Usage, Creating Additional Capacity to Fuel Growth
July 24, 2026 8:00 AM EDTAnnounces Closing of Repurchase of ~$472 Million Aggregate Principal Amount of its 0.00% Convertible Senior Notes Due 2030 and the Concurrent Registered Direct Offering of Common Stock
Creates Capacity to Support Data Center and Compute Expansion amid Accelerating AI Native Customer Demand
BROOMFIELD, Colo.--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the AI-Native Cloud, purpose-built for inference and agentic workloads, today announced the closing of a private repurchase (the Repurchase) of approximately $472 million of its 0.00% convertible senior notes due 2030 (the 2030 Convertible Notes) and a registered direct offering of... More
