NH rejects $100M Bitcoin-backed municipal bond proposal. The state's Business Finance Authority sought approval for private issuance with CleanSpark as borrower, offering $175M in Bitcoin as collateral. Liquidation triggered if collateral drops below $140M. Principal/interest fully covered by Bitcoin, no public funds involved. Opponents cited lack of infrastructure benefits and risks of volatile crypto assets.
#crypto #blockchain #news #BTC #Bitcoin
Blockchain Report
npub1cg…nmysr
2026-07-09 23:50:26 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-07-09 23:50:26 UTCEvent JSON
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1783641026,
"kind": 1,
"tags": [],
"content": "NH rejects $100M Bitcoin-backed municipal bond proposal. The state's Business Finance Authority sought approval for private issuance with CleanSpark as borrower, offering $175M in Bitcoin as collateral. Liquidation triggered if collateral drops below $140M. Principal/interest fully covered by Bitcoin, no public funds involved. Opponents cited lack of infrastructure benefits and risks of volatile crypto assets.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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}