Key Points
Hive Digital Technologies only trades at $3 per share, while giving investors exposure to crypto and artificial intelligence.
The crypto miner more than quadrupled its crypto mining revenue year-over-year, going from 5.7 EH/s in January to 23.5 EH/s in November.
The company's AI segment is still in its early innings and can scale quickly.
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 (NASDAQ: HIVE) 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 (NASDAQ: IREN) and Cipher Mining (NASDAQ: CIFR) can get a ground-floor entry with this stock.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Hive Digital Technologies is expanding its mining capacity
Image source: Getty Images
A crypto miner's hash rate is a key metric that influences how much Bitcoin (CRYPTO: BTC) it can mine. A higher hash rate translates into more revenue and profits.
Hive Digital Technologies achieved an average mining capacity of 5.7 exhash per second (EH/s) in January. The company built up its mining operations and reached an average 23.5 EH/s. This figure has some peaks and dips, and the company's peak November production was 25.4 EH/s.
The rising EH/s allowed Hive Digital Technologies to almost triple its Bitcoin production year-over-year to 290 Bitcoins in November. Hive Digital Technologies is producing far more Bitcoin and is well-positioned for a crypto rally. Hive Digital Technologies should continue to expand its EH/s in 2026.
AI compute demand is surging
Hive Digital Technologies is more of a crypto stock right now, with crypto making up more than 90% of revenue. That segment also quadrupled year-over-year in Q3.
However, the crypto miner's pivot to AI is gaining momentum. Its high performance computing segment focuses on this technology, and that part of the business saw its revenue jump by 175% year-over-year in Q3.
Hive Digital Technologies has Bell Canada Enterprises (NYSE: BCE) as an AI infrastructure client. The company's executives are focused on AI in 2026 and have a pristine balance sheet to make additional investments. Hive Digital Technologies has $136.7 million in total current assets and only $53.6 million in total current liabilities.
Should you invest $1,000 in Hive Digital Technologies right now?
Before you buy stock in Hive Digital Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Hive Digital Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $499,978!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,126,609!*
Now, it’s worth noting Stock Advisor’s total average return is 971% — a market-crushing outperformance compared to 195% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of December 8, 2025
Marc Guberti has positions in Cipher Mining, Hive Digital Technologies, and Iren. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.