April 12, 2026

Tax day is three days away. We all know it's nobody's favorite time of year, but there's the silver lining. If you're invested in real estate through mogul, you've got some nice deductions that make this time of year a little less painful.
Speaking of things that make life better, the Masters is underway at Augusta this weekend. There's nothing quite like watching someone navigate the back nine on Sunday to remind you that patience and consistency win over time. That's same philosophy we take with our properties.
Anyway, that's enough from me. Let's get into it.
- Alex Blackwood

đ Artemis II Crew Returns After Historic Lunar Flyby. NASA just sent humans around the Moon for the first time in over 50 years. The four-person Artemis II crew consisting of Reid Wiseman, Victor Glover, Christina Koch, and Canadian astronaut Jeremy Hansen launched from Kennedy Space Center on April 1, broke Apollo 13's long-standing record for farthest human spaceflight six days in, and splashed down safely off the coast of San Diego on April 10. Perhaps most impressively, they pulled it all off while Microsoft Outlook was crashing â something the rest of us can't even survive on a Monday morning. The mission marks a major step in NASA's plan to establish a lasting human presence on and around the Moon.
đ§ Intel Joins Muskâs Massive âTerafabâ AI Chip Project. Intel is teaming up with Elon Muskâs ambitious Terafab initiative alongside Tesla, SpaceX, and xAI, aiming to build a next-generation semiconductor complex in Texas. The project includes two advanced chip factories, one for powering electric vehicles and humanoid robots, and another for AI data centers, including space-based computing. Intel says its expertise in designing and manufacturing high-performance chips will help Terafab target an enormous goal of 1 terawatt of computing power per year, marking a major push to scale AI and robotics infrastructure.
đ Michigan Wolverines Win the NCAA Championship. For the first time since 1989, Michigan is back on top. The Wolverines beat UConn 69-63 last week to claim the men's basketball national championship, ending a 37-year drought and giving the Big Ten its first title since Michigan State in 2000. Even more impressive â Michigan became the first team ever to win a national title with a starting lineup made entirely of transfers. Proof that the right people in the right system can beat anyone.

This Week, the Bitcoin Mystery Collides with Reality
For nearly two decades, Satoshi Nakamoto has been the ghost in Bitcoinâs machine. What started as speculative whispers in crypto circles has erupted into a media frenzy after The New York Times claimed to have uncovered the man behind the pseudonym, British cryptographer Adam Back. The revelation has sent shockwaves through crypto markets and online communities, reigniting debates over Bitcoinâs origins, ownership, and the mythology that has long surrounded the cryptocurrency.
NYT Calls Out Adam Back
The panic accelerated when the Times presented evidence linking Back to Bitcoinâs creation, citing technical lineage, linguistic similarities in early communications, and a timeline of activity that overlaps Satoshiâs known actions. Back, the creator of Hashcash, a precursor to Bitcoinâs proof-of-work system, has been at the center of cryptography circles for decades. The report suggests that the early Bitcoin code and white paper bear fingerprints that could point directly to him.
Back immediately fired back, denying the claim and emphasizing that the evidence is circumstantial. He argues that shared expertise and overlapping timelines do not equate to authorship, yet the market reaction was swift. This set crypto communities ablaze with speculation and renewed interest in dormant Bitcoin holdings.
The Illusion of Anonymity
For years, Bitcoin thrived on the idea that its creator could remain a mystery, a ghost watching over a decentralized network. This weekâs report exposes a vulnerability in that myth. The notion that Bitcoin exists without a human tether is shaken, suggesting that even the most storied legends in crypto may eventually be subject to scrutiny and revelation.
Why This Matters
The identity of Satoshi is more than trivia. It touches on market confidence, governance, and the control of an estimated 1.1 million Bitcoin that have never moved. If any proof emerges linking Back to these holdings, it could reshape narratives around decentralization and market liquidity. Even without definitive evidence, the frenzy itself is reshaping attention, driving trading, media coverage, and investor speculation.
Crypto markets and communities are entering uncharted waters, where myth and reality collide. As journalists and sleuths chase the truth, the story of Bitcoin continues to evolve, proving that in the world of cryptocurrency, legends never die, they just resurface.

Over $515K has already been raised for The Bosworth, our flag ship rental investment in Broken Bow. Spanning 4,566 square feet, the property includes 7 bedrooms and 8 bathrooms, offering a generous layout ideal for hosting large groups and optimizing short-term rental income in one of Oklahomaâs top vacation markets. Renowned for its cabins, outdoor activities, and expanding tourism scene, Broken Bow continues to attract strong demand for well-positioned short-term rental properties.
Underwritten with an average yield of 11.4% and a projected annual IRR of 12.2%, this opportunity is expected to generate approximately $1,278,871 in total profit over the hold period. The Bosworth offers investors access to a cash-flow-driven vacation rental in a high-demand leisure destination.
Reserve your allocation while opportunities are still available.

This one hits a little different when you work in real estate.
Bubble in the Sun tells the story of the Florida real estate boom of the 1920s, a period where developers, dreamers, and straight-up hustlers transformed swampland into Miami Beach, Coral Gables, and Boca Raton practically overnight. Knowlton follows the big characters behind it all: Carl Fisher, George Merrick, Addison Mizner. Guys who had massive vision and even bigger egos. And for a while, it worked. Prices skyrocketed, everyone thought the party would last forever, and then a once-in-a-century hurricane came through and helped kick off a chain reaction that led all the way to the Great Depression.
What I liked most is that Knowlton doesn't write it like a textbook. It reads like a thriller. You get the ambition, the deals, and the genuine innovation all at once. And as someone in the real estate space, there's a humbling quality to reading about how quickly things can unravel when speculation gets ahead of fundamentals. It's a reminder that the best real estate investing is built on discipline, not hype.
Even if you're not a history person, this one moves. And if you are in real estate or investing, it's basically required reading. The parallels to today's market are hard to ignore.
â 4.72 / 5.0 in my book (no pun intended)

Tardigrades can withstand extreme conditions, including the vacuum of space.
Written by Alex Blackwood & Larry Cummings
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