DigitalOcean Raises $800M in Upsized Public Offering of Common Stock.

DigitalOcean Holdings has upsized its public offering of common stock to $800 million, with the company planning to use the proceeds for infrastructure investments, paying down its existing term loan, and general corporate purposes. The offering is expected to close on March 26, 2026, subject to customary closing conditions. DigitalOcean has granted underwriters a 30-day option to purchase up to an additional 1.56 million shares.