Abundant Mines CEO: Bitcoin Mining Eligible for 100% First-Year Tax Credit After 2025 Bill Passage

Odaily According to reports, with the passage of the "Big and Beautiful" bill 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 purchases within 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 cryptocurrency sector. Due to the company's structural design, which allows clients to directly own and hold equipment ownership, the related assets are recorded on the individual or entity's balance sheet, enabling 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 the policy does not set an income cap.