According to MoneyDJ, DigitalOcean (DOCN.US) secured $725 million in equipment financing today (Nov 10) to expand its AI-native cloud platform, with an additional $300 million expansion option. The stock closed at $84.29, up 7.65% on volume of 107,000 shares.
The company maintained its third-quarter, full-year 2026, and long-term guidance unchanged, indicating the financing supports existing growth plans rather than addressing operational weakness. DigitalOcean also announced plans to add 20 megawatts of data center power capacity by late 2027 to early 2028, bringing total committed capacity to approximately 155 megawatts.