Abundant Mines CEO: After the passage of the 2025 bill, bitcoin mining can receive a 100% first-year tax deduction

According to Odaily, with the passage of the "Big and Beautiful" Act in July 2025, the U.S. tax code has permanently reinstated the 100% bonus depreciation policy for compliant equipment. This policy allows investors to fully deduct the cost of mining hardware purchases 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 sector. Because the company's structural design allows clients to directly own and hold equipment ownership, the related assets are recorded on the individual or entity's balance sheet, thereby achieving full depreciation. This tax offset strategy is not only applicable to institutions; ordinary retail investors can also offset labor income tax liabilities by purchasing a single mining machine, and there is no income cap set for this policy.