Boston-based Portolan Capital Management purchased nearly 2.4 million shares of DigitalBridge Group in the third quarter, increasing its stake by $32 million. The total holding is now nearly 5.5 million shares valued at $64 million. The company’s DBRG shares were priced at $13.19 as of Friday, up 18% over the past year. DigitalBridge specializes in digital infrastructure investments, with assets including cell towers, data centers, fiber, and small cells. The recent purchase by Portolan Capital Management reflects a strategic growth play in the digital infrastructure sector.

Read more at Yahoo Finance: Why One Fund Has Amassed a $64 Million Bet on This Volatile Digital Infrastructure Stock