Csquare IPO Gives Investors a New Way to Bet on AI Infrastructure
Data center operator Csquare, backed by Brookfield Corporation, is set to go public on July 16, 2026, on the New York Stock Exchange under ticker CSQR. The IPO includes 50 million shares priced between $23 and $27, aiming to raise $1.35 billion. Csquare operates a colocation model where customers deploy their own IT equipment, differentiating it from GPU-focused rivals like CoreWeave and Nebius Group. The Texas-based company has 64 data centers across the US, Canada, and the UK, with 389 megawatts of power capacity and over 1,700 customers. Revenue reached $987 million in 2025, up from $907.6 million in 2024, but the company reported a net loss of $66 million in Q1 2026 due to infrastructure investments. Brookfield will retain 67% voting control post-IPO.
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Csquare IPO Gives Investors a New Way to Bet on AI Infrastructure
Data center operator Csquare, backed by Brookfield Corporation, is set to go public on July 16, 2026, on the New York Stock Exchange under ticker CSQR. The IPO includes 50 million shares priced between $23 and $27, aiming to raise $1.35 billion. Csquare operates a colocation model where customers deploy their own IT equipment, differentiating it from GPU-focused rivals like CoreWeave and Nebius Group. The Texas-based company has 64 data centers across the US, Canada, and the UK, with 389 megawatts of power capacity and over 1,700 customers. Revenue reached $987 million in 2025, up from $907.6 million in 2024, but the company reported a net loss of $66 million in Q1 2026 due to infrastructure investments. Brookfield will retain 67% voting control post-IPO.
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