The US restores accelerated depreciation policy, allowing Bitcoin miners to achieve 100% first-year tax deduction

GateUser-6433627c · 2026-02-24T00:02:53+00:00

Beau Turner, CEO of Bitcoin mining company Abundant Mines, recently revealed that the United States will resume full accelerated depreciation policy in 2025. Mining equipment can be deducted 100% before tax in the first year of purchase. This move has become an important tax strategy in the crypto industry, prompting investors to focus on mining asset allocation and tax planning.

GateUser-6433627c

2026-02-24 00:02:53

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On February 24, Bitcoin mining company 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. Turner pointed out that under the current tax framework, investors who directly hold mining hardware can immediately expense the entire equipment cost, significantly reducing taxable income for that year. He stated that this has become one of the most powerful tax strategies in the crypto industry. Reports indicate 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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