#EventAnalysis 🔥🔥🔥
Behind the US Tax Adjustment: Hidden Incentives for Crypto Mining
On February 24th, Beau Turner, CEO of Bitcoin mining company Abundant Mines, disclosed that with the US tax law resuming full "bonus depreciation" by mid-2025, eligible Bitcoin mining equipment can now be 100% deducted from pre-tax income in the first year of purchase.🔈🔈🔈
From a tax perspective, this measure will significantly reduce the taxable income of mining companies and investors, improve cash flow and equipment investment efficiency, and is regarded by the industry as a "historic tax optimization