Some of the best growth stocks started out as penny stocks, and digging for small-cap companies can lead to significant gains. If you only want to spend $3 on a promising stock, Hive Digital Technologies ( HIVE +2.52% ) should be on your radar.

It's a crypto miner that has recently pivoted to AI infrastructure. Investors who feel like they missed out on IREN ( IREN +0.05% ) and Cipher Mining ( CIFR +2.17% ) can get a ground-floor entry with this stock.

Hive Digital Technologies is expanding its mining capacity

A crypto miner's hash rate is a key metric that influences how much Bitcoin ( BTC +2.48% ) it can mine. A higher hash rate translates into more revenue and profits. Expand

NASDAQ : HIVE Hive Digital Technologies Today's Change ( 2.52 %)

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