BlockBeats news, February 24: Bitcoin mining company Abundant Mines CEO Beau Turner revealed that as U.S. tax law restores the full “accelerated depreciation” (Bonus Depreciation) policy by mid-2025, eligible Bitcoin mining equipment can now achieve 100% pre-tax deduction in the first year of purchase.
Turner pointed out that under the current tax framework, if investors directly hold mining hardware, they can immediately deduct the full equipment cost as current expenses, significantly reducing taxable income for the year. He stated that this has become “one of the most powerful tax strategies” in the cryptocurrency industry.
The report noted that as the tax filing season approaches, related tax policy changes are prompting the market to refocus on the asset allocation and tax planning value of Bitcoin mining.
