Greenlane’s $70M BERA treasury ends Q2 valued at $16M
Greenlane recorded a $19.1 million noncash valuation loss as BERA’s price fell nearly 76% year to date.
Greenlane's $70 million BERA treasury saw a significant $16 million loss in value by the end of Q2. The company's holdings, which included 81.3 million BERA and BERA-equivalent tokens, were now valued at $16.4 million, representing just 23% of the initial cost basis. The portfolio was found to be 76.6% below its cost as the value of BERA plummeted by nearly 76% year to date.
Despite this massive decline, Greenlane still reported $309,000 in staking and yield revenue from its digital asset segment during the same period. The firm, once a cannabis accessories company, made the shift to a digital asset treasury strategy centered around Berachain's BERA token in October 2025.
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