New Hampshire will hold a public hearing to discuss issuing a $100 million Bitcoin-backed bond.

Deep Tide TechFlow News, July 8 – According to Cointelegraph, lawmakers in New Hampshire will hold a public hearing on Wednesday to discuss issuing $100 million in Bitcoin (BTC)-backed bonds. The bonds were approved by the state's Business Finance Authority (BFA) in November 2025 and still require final authorization from Governor Kelly Ayotte and the five-member Executive Council. Ayotte stated that this move could bring more digital financial investment opportunities to the state without using state funds or taxpayer money.

Moody's gave the bonds a temporary Ba2 rating in March, classifying them as "speculative grade." Marquette University Professor David Krause noted that although the private borrower CleanSpark provides collateral funds, the instrument could still introduce "significant risks." New Hampshire became the first state to legislatively establish a Bitcoin strategic reserve in May 2025, allowing up to 5% of public funds to be allocated to digital assets with a market cap exceeding $500 billion.

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