10 Best New Penny Stocks to Invest In

5. GrabAGun Digital Holdings Inc. (NYSE:PEW)

Share Price: $3.01

Number of Hedge Fund Holders: 9

GrabAGun Digital Holdings Inc. (NYSE:PEW) is one of the best new penny stocks to invest in. On December 22, GrabAGun Digital Holdings Inc. (NYSE:PEW) announced that it has started accepting cryptocurrency payments on its website. The company says that it is the first major firearms retailer to support Bitcoin, USD Coin, and Tether. These new payment options reinforce GrabAGun Digital Holdings Inc.’s (NYSE:PEW) position as the most forward-thinking and technology-focused platform in the industry.

By offering more ways to pay, GrabAGun Digital Holdings Inc. (NYSE:PEW) is focused on its long-term plan to build a modern and scalable digital commerce platform for the next generation of firearms consumers. The crypto checkout experience is designed to be fast, secure, and compliant for regulated commerce. It gives customers additional flexibility while also offering the same reliability and compliance as traditional payment options.

Earlier, on December 1, GrabAGun Digital Holdings Inc. (NYSE:PEW) announced that it has entered into a strategic partnership with Silencer Shop, which is the nation’s biggest suppressor distributor and a leader in National Firearms Act (NFA) solutions. This move allows the company’s customers to access Silencer Shop’s extensive and carefully curated selection of firearm suppressors and related accessories.

This collaboration utilizes a combined GrabAGun Digital Holdings Inc. (NYSE:PEW) and Silencer Shop network of authorized dealers. It also uses Silencer Shop’s proprietary technology platform to make the often complex process of buying NFA-regulated items simpler.

GrabAGun Digital Holdings Inc. (NYSE:PEW) is a digitally native ecommerce retailer of firearms, ammunition, related accessories, and other outdoor enthusiast products.