#executive council

The post New Hampshire’s $100 Million Bitcoin-Backed Bond Faces Final Vote appeared on BitcoinEthereumNews.com. New Hampshire’s plan to issue what backers call the world’s first Bitcoin-backed municipal bond goes before the state’s Executive Council on Wednesday, the last approval the $100 million project needs before it can move forward, The Boston Globe reported today. Governor Kelly Ayotte, who has called the effort “historic,” and the five-member council will hold a public hearing Wednesday morning at the request of James Key-Wallace, executive director of the New Hampshire Business Finance Authority.  Key-Wallace asked the council to find the proposal feasible and beneficial to the public and to authorize the quasi-governmental agency to proceed. He has said the model would position the state as “a global leader in responsible crypto finance.” The structure differs from a conventional municipal bond in a key respect: no public money is at stake. Rather than the government repaying

The post New Hampshire to consider $100M bond proposal for CleanSpark-linked Bitcoin acquisition appeared on BitcoinEthereumNews.com. New Hampshire’s Governor and Executive Council is scheduled to consider a proposal on Wednesday, July 8, that would allow up to $100 million in taxable revenue bonds to finance Bitcoin acquisition by a CleanSpark-related borrower. According to the council’s published agenda, the proposal will be heard by the state’s Business Finance Authority. It would fund the purchase of Bitcoin while covering bond issuance expenses.  If approved, the financing would represent another example of Bitcoin treasury strategies expanding beyond traditional equity and debt markets. Agenda outlines $100M Bitcoin financing proposal Agenda item six under the Business Finance Authority calls for a public hearing on a recommendation to issue not more than $100 million in taxable revenue bonds. The agenda states that proceeds would be used by NH CleanSpark Borrower Trust 2026-1, a