Arch Provides Savings on U.S. Taxes for Bitcoin Holders

Arch Offers New Convenience to Bitcoin Investors

Arch aims to help high-net-worth Bitcoin (BTC) holders reduce their tax liabilities. The company plans to provide this advantage through investments in mining hardware.

The service, called TaxShield, allows investors to deduct the costs of mining equipment from their taxable income using the IRS's §168(k) provision.

Arch aims to offer financial services similar to those of private banks to high-net-worth investors in digital assets, in parallel with the increasing crypto wealth.