BlockBeats News, February 24 — Abundant Mines CEO Beau Turner revealed that with the U.S. tax law restoring the full “Bonus Depreciation” policy in mid-2025, qualifying Bitcoin mining equipment can be fully deducted in the first year of purchase before taxes.
Turner pointed out that under the current tax framework, investors who directly hold mining hardware can immediately deduct the entire cost of the equipment as an expense in the current period, significantly reducing taxable income for that year. He stated that this has become one of the most powerful tax strategies in the crypto industry.
The report noted that as tax season approaches, changes in related tax policies are prompting the market to refocus on the asset allocation and tax planning value of Bitcoin mining.
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