The post New Hampshire rejects $100M Bitcoin-backed bond after public finance hearing appeared on BitcoinEthereumNews.com.
New Hampshire’s Executive Council rejected a proposed $100 million Bitcoin-backed municipal bond in a 3-2 vote on July 8, stopping a Business Finance Authority structure that would have moved BTC collateral into a state-linked public finance process. The vote came after the New Hampshire Business Finance Authority said last November that its board had approved a $100 million inaugural issuance backed by Bitcoin, while noting that issuance would still require approval by the Governor and Executive Council. That approval did not come. As the Boston Globe reported, the councilors voted against the plan after a motion to table the proposal failed to receive a second. Related Reading What states can still do to crypto after GENIUS and CLARITY Federal law can decide what crypto is, but Illinois just proved a state can still decide how much it costs to use. Jun 29, 2026 ·
The post Polymarket prices 99.95% BTC above $52K July 12 after NH bond rejection appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 10, 2026 20:08
On July 8, New Hampshire’s Executive Council voted 3-2 to reject a proposed $100 million Bitcoin-backed municipal bond after a public finance hearing.
Polymarket prices 99.95% BTC above $52K July 12 after NH bond rejection Polymarket Holds Steady After New Hampshire Rejects $100M Bitcoin-Backed Bond, Keeping the “BTC Above” Ladder Near-Certa Polymarket’s “Bitcoin above ___ on July 12?” ladder is pricing an extremely high chance that BTC clears the lower strikes, with $335,544 matched and the top line sitting at 99.95% for the leading $52,000 outcome. The backdrop catalyst is New Hampshire’s rejection of a proposed $100 million Bitcoin-backed municipal bond, a test of how quickly traders translate policy headlines into strike-by-strike probabilities. Key Takeaways Polymarket implies ~99.95% that Bitcoin is above $52,000 o
State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure.
The post New Hampshire Rejects Bitcoin Bond, Sending A Chill Through State Crypto Finance Experiments appeared on BitcoinEthereumNews.com.
State government adoption of bitcoin just hit a brick wall in New England. New Hampshire’s executive council voted 3-2 to reject a bond structure that would have woven bitcoin into a public financing vehicle, killing the effort at the very last approval stage. The decision closes a chapter that many crypto advocates saw as a template for how states might begin accumulating digital assets on their balance sheets. The rejection, reported by the original report, leaves no room for parliamentary repair. The bond project had already progressed through earlier legislative and oversight steps, making the council’s essentially final vote a terminal setback. What was intended as a lean, pro-innovation funding mechanism now stands as an object lesson in how even crypto-friendly jurisdictions can balk when taxpayer-linked instruments are involved. What the bon
The post New Hampshire Bitcoin Bond Rejected Despite Moody’s Rating appeared on BitcoinEthereumNews.com.
New Hampshire just killed what would have been a genuinely groundbreaking experiment in state-government crypto finance. The New Hampshire bitcoin bond — a $100 million instrument that had already cleared a formal credit rating from one of Wall Street’s most recognized agencies — died at the final hurdle when the state’s Executive Council voted 3-2 to reject it, siding with members who raised concerns about the state’s financial reputation. Key takeaways The New Hampshire Executive Council rejected a $100 million bitcoin bond project in a 3-2 vote, ending the effort at its final approval stage. The bond had received a Ba2 rating from Moody’s Ratings, making it the first rated, bitcoin-backed bond issued under a state’s authority. The Business Finance Authority of the State of New Hampshire was set to issue the bond, backing a private-sector instrument tied to bitcoin mining firm Cle
The post New Hampshire rejects $100M Bitcoin-backed bond appeared on BitcoinEthereumNews.com.
New Hampshire’s Executive Council has rejected a proposal to issue up to $100 million in Bitcoin-backed revenue bonds linked to Bitcoin miner CleanSpark. Summary New Hampshire’s Executive Council rejected the proposed $100 million Bitcoin-backed bond by a 3-2 vote. CleanSpark planned to post about $160 million in Bitcoin without exposing taxpayers to direct repayment risk. Moody’s assigned the proposed bonds a Ba2 speculative-grade rating before the final state approval failed. The five-member council voted 3-2 against the plan during its July 8 meeting. The decision blocked the final state approval required for the New Hampshire Business Finance Authority to proceed with the transaction. Meanwhile, the proposal appeared on the state’s July 8 Executive Council agenda. It called for the Business Finance Authority to issue taxable revenue bonds for NH CleanSpark Borrower Trust 2026-1. The borrow
The rejection highlights the challenges of integrating volatile digital assets into public finance, reflecting broader hesitance in institutional adoption.
The post New Hampshire’s $100M bitcoin bond proposal fails final vote appeared first on Crypto Briefing.
The post New Hampshire Rejects $100 Million Bitcoin-Backed Bond in 3-2 Vote appeared on BitcoinEthereumNews.com.
Bitcoin News New Hampshire has killed a $100 million Bitcoin-backed bond, with the state’s Executive Council voting 3-2 against authorizing what supporters billed as the world’s first such issuance. The council, which reviews major state financial actions, delivered the decision at the proposal’s final approval stage on Wednesday, ending a plan that had already cleared earlier hurdles. State officials had promoted the instrument as a first-in-the-nation bid to attract digital finance to the Granite State. Its collapse marks a notable setback for public-sector Bitcoin adoption, coming just months after the deal secured a formal credit rating and reached the last governmental checkpoint before it could be issued. The bond had earned a Ba2 rating from Moody’s before reaching the council, and it was to be issued by the Business Finance Authority of the State of New Hampshire. St
