Wu Blockchain (@WuBlockchain): According to Bloomberg, the New Hampshire Business Finance Authority of New Hampshire, U.S., plans to issue about $100 million in Bitcoin-backed munic…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+20Positive
According to Bloomberg, the New Hampshire Business Finance Authority of New Hampshire, U.S., plans to issue about $100 million in Bitcoin-backed municipal bonds, rated Ba2 by Moody’s, two notches below investment grade. Debt service will be supported by proceeds from the Bitcoin collateral, with price-triggered liquidation provisions to protect repayment. The bonds are not backed by the state’s credit or taxing authority. https://x.com/business/status/2039058746190500273?s=20