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XLM $0.1947 +1.75%
ZEC $831.17 +2.61%

New Hampshire lawmakers will hold a hearing on Wednesday regarding the $100 million Bitcoin bond

2026-07-08 08:15:57

According to Cointelegraph, the New Hampshire Business Finance Authority (BFA) is scheduled to hold a public hearing on Wednesday regarding the issuance of $100 million in Bitcoin-backed bonds. The plan was approved by the BFA in November 2025 and requires final approval from the governor and a five-member executive council.

The bonds are secured by collateral from the private borrower CleanSpark, with no recourse to state funds or taxpayers. Moody's assigned a preliminary rating of Ba2 (speculative grade) to the bonds in March. New Hampshire is the first state to pass a strategic Bitcoin reserve law, allowing 5% of public funds to be invested in digital assets.

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