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2026-03-31 21:35:32 UTC

Blockchain Report on Nostr: New Hampshire's state finance authority is reportedly preparing to issue municipal ...

New Hampshire's state finance authority is reportedly preparing to issue municipal bonds backed by Bitcoin, a move that could unlock approximately $100 million in funding. The proposed bonds have received a Ba2 rating from Moody's Investors Service, placing them two notches below investment grade. Proceeds from the liquidation of the Bitcoin collateral will be used to service the debt, offering potential for additional returns if the cryptocurrency's price appreciates. The issuance includes a price-triggered liquidation clause to safeguard investors. Crucially, these bonds will not be supported by the state's credit or tax revenues.

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