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New Hampshire to review $100M Bitcoin-backed bond using private collateral on July 8

Market News
08 Jul 2026
Crypto news
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Neutral
New Hampshire to review $100M Bitcoin-backed bond using private collateral on July 8

New Hampshire officials will hold a public hearing on July 8 to review a proposed $100 million Bitcoin-backed bond that uses private collateral instead of taxpayer funds. The bond, supported by the state's Business Finance Authority and Governor Kelly Ayotte, aims to finance Bitcoin purchases through a taxable revenue bond structure. Moody's assigned a Ba2 rating, reflecting below investment grade risk due to Bitcoin's volatility and the bond's reliance on overcollateralized Bitcoin assets. This move follows New Hampshire's earlier Bitcoin reserve law and marks a continued effort to integrate digital assets into public finance, pending final approval from the Governor and Executive Council.

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Investigation launched into Beneficient for allegedly misleading investors, potential class action underway.

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