The New Hampshire Business Finance Authority (BFA) will conduct a public hearing on Wednesday to discuss the issuance of $100 million in Bitcoin-backed bonds. Initially approved by the BFA in November 2025, the plan awaits final approval from the governor and a five-member executive council. The bonds, collateralized by CleanSpark, do not involve state funds or taxpayer money. Moody's has assigned a preliminary Ba2 rating to the bonds, indicating a speculative grade. New Hampshire is pioneering in digital asset investment, being the first state to allow up to 5% of public funds in digital assets.