The Rich Somers Report

How to Write Off Bitcoin — 100% Legally | Colin Yurcisin E425


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Most entrepreneurs are overpaying the IRS simply because they don’t know the game. In this episode, we break down one of the wildest — and completely legal — tax strategies available to business owners right now: using Bitcoin mining equipment to get 100% bonus depreciation while stacking the best-performing asset of the last 15 years.

Rich sits down with Colin Yurcisin to expose how Bitcoin mining actually works, why power is the new gold rush, how AI and data-center scarcity are driving Bitcoin miners into insane profitability, and the exact mechanics that let business owners convert ordinary income into Bitcoin with full write-offs up front.

You’ll hear how Colin went from a $500K tax bill to discovering this loophole, why Bitcoin’s scarcity model keeps sending it to new all-time highs, and the dark side of altcoins, NFTs, Celsius, BlockFi, and every other crypto trap people got wrecked on.

If you’ve ever wondered how people legally wipe out massive tax bills while building generational wealth, this conversation is the blueprint. No fluff — just straight strategy, mindset, and real numbers.

Tap in. This one will change the way you think about money forever.

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The Rich Somers ReportBy Rich Somers

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