Strategy Barely Bought the Bitcoin Dip. Its Stock Is Getting Crushed.

After going a week without buying Bitcoin, Strategy made another purchase. In a securities filing Monday, the world’s largest corporate holder of Bitcoin disclosed that it had bought just 130 tokens in the nearly two-week period from Nov. 17 to Nov. 30. The $11.7 million purchase brought Strategy’s total holdings to 650,000 Bitcoins, acquired for roughly $48.4 billion in total.