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New Hampshire executive council rejects $100 million bitcoin-backed bond issue

New Hampshire\'s executive council voted 3-2 to reject a proposal to issue $100 million in bonds backed by bitcoin, Cointelegraph reported. The five-member council declined to accept the plan put forward by the New Hampshire Business Finance Authority at a hearing held on Wednesday. The authority had approved the investment plan in November 2025, and Governor Kelly Ayotte had supported it. Cleanspark was to provide bitcoin as collateral.