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Serial crypto acquirer Strategy (NASDAQ: $MSTR ) has purchased $49.9 million U.S. worth of Bitcoin (CRYPTO: $BTC ) in the last week as the price fell below $100,000 U.S. for the first time since June of this year.

Strategy, formerly MicroStrategy, is the largest corporate holder of Bitcoin in the world. The company's total holdings of BTC now stand at 641,692 coins valued at $68 billion U.S.

The latest purchase of Bitcoin is relatively small for Strategy, whose share price recently hit a 52-week low of $219.68 U.S. a share.

MSTR stock tends to move in tandem with the price of Bitcoin and its shares remain volatile.

Bitcoin's price has declined from an all-time high of just over $126,000 U.S. reached in October amid signs that investors are turning more risk averse.

However, crypto prices are up 2% or more on Nov. 10 after U.S. President Donald Trump promised to pay every American a $2,000 U.S. "tariff dividend."

It remains to be seen if Strategy's stock will recover alongside the price of Bitcoin and other cryptocurrencies.

Prominent short-seller Jim Chanos took to social media in recent days to brag about shorting Strategy's stock, or betting that the price would decline.

MSTR stock has now fallen about 20% this year to trade at $241.93 U.S. per share.