Abundant Mines CEO: After the 2025 bill is passed, Bitcoin mining can receive a 100% first-year tax credit

2026-02-24 00:16:20

Odaily Planet Daily reports that with the passage of the “Big and Beautiful” Act in July 2025, U.S. tax law has permanently reinstated the 100% bonus depreciation policy for compliant equipment. This policy allows investors to fully deduct the cost of mining hardware in the first year, whereas previously the depreciation rate was only 40%.

Beau Turner, CEO of Abundant Mines, stated that Bitcoin mining has become one of the most advantageous tax deduction strategies in the crypto space. Due to the company’s structural design allowing clients to directly own and hold the equipment ownership, the related assets will be recorded on personal or entity balance sheets, enabling full depreciation. This tax offset strategy is not only applicable to institutions; ordinary retail investors can also offset labor income taxes by purchasing a single mining machine, and there is no income cap set for this policy.

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