#Crypto_News 🔴🔴🔴

U.S. restores accelerated depreciation policy, Bitcoin miners may qualify for 100% first-year tax deduction

On February 24, Beau Turner, CEO of Bitcoin mining firm Abundant Mines, revealed that as U.S. tax law reinstates full “Bonus Depreciation” in mid-2025, eligible Bitcoin mining equipment can now qualify for a 100% pre-tax deduction in the first year of purchase.📌📌📌
Turner noted that under the current tax framework, investors who directly own mining hardware can immediately expense the full cost of the equipment, significantly reducing their taxable income for that year. He described it as “one of the most powerful tax strategies” in the crypto industry.
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