The proposed bonds to be backed by cryptocurrency still need approval from New Hampshire Governor Kelly Ayotte and the state’s five-member executive council.
The New Hampshire Secretary of State’s office announced that lawmakers would discuss issuing $100 million in bonds backed by Bitcoin (BTC) at a public hearing.
In an update to the New Hampshire governor and executive council agenda, the state’s Business Finance Authority (BFA) has scheduled a meeting for Wednesday regarding the proposed issuance of $100 million in BTC-backed bonds. The BFA approved the bond in November 2025, saying that it planned to issue the vehicles upon approval from Governor Kelly Ayotte and the state’s five-member executive council.
“This is an innovative way to bring more investment opportunities to our state and position us as a leader in digital finance without risking state funds or taxpayer dollars,” said Ayotte on the bonds, following the BFA approval.
