Will the NH Executive Council Reverse Its Rejection and Approve the $100M Bitcoin-Backed Bond by August 7, 2026?
48,928 Vol.in 27 days (Aug-07-2026 11:59:00 PM UTC)
DescriptionOn July 9, 2026, the New Hampshire Executive Council voted 3-2 to reject the $100M Bitcoin-backed municipal bond — a historic first backed by $160–175M in Bitcoin collateral (BitGo cold storage), issued via the NH Business Finance Authority (conduit), with CleanSpark as borrower and Wave Digital Assets as administrator. No public funds are at risk; Moody's assigned a Ba2 speculative-grade rating. Crypto advocates including NH House majority floor leader Keith Ammon publicly urged reconsidering, noting only one vote needs to flip. BFA Executive Director Key-Wallace confirmed openness to re-presenting the proposal.
- This event resolves YES if the New Hampshire Executive Council formally votes and approves the $100M CleanSpark Bitcoin-backed bond by August 7, 2026 UTC.
- This event resolves NO if no approval vote occurs, or the reconsideration fails by the deadline.
- 1. Specificity: A formal, recorded approval vote by the full Executive Council by August 7, 2026 UTC.
- 2. Exclusion: Statements of intent, committee reviews, or public hearings without a final approval vote do NOT count.
- 3. Source Hierarchy: Official NH Executive Council minutes/agenda (sos.nh.gov) primary. Bond Buyer, CoinDesk secondary. Other crypto/financial outlets tertiary.
- 4. Timing: Must occur before August 7, 2026 UTC. Post-deadline resolves NO.
- 5. Cancellation Rule: Announcement of intent to reconsider without actual vote resolves NO.