Bitcoin Standard Financial Company (BSTR) CEO Adam Back (Adam Back) stated that shareholders may approve the company's merger with a special purpose acquisition company (SPAC) in April. The company plans to go public with 30,000 bitcoins on its balance sheet, of which 25,000 are funded by the founders and 5,000 by early investors. Back believes that if the price of Bitcoin is lower at the time of listing, BSTR can accumulate more bitcoins at a discount, thereby strengthening its long-term position. He attributes Bitcoin's recent decline to macroeconomic factors rather than U.S. regulation and sees the financial company's withdrawal of Bitcoin from the market as a long-term bullish catalyst.