{
  "id": 1435649,
  "title": "Greenlane’s $70M BERA treasury ends Q2 valued at $16M",
  "url": "https://urgent.news/2026/08/17/greenlanes-70m-bera-treasury-ends-q2-valued-at-16m",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T05:52:55.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/greenlane-70m-bera-treasury-valued-16m"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Greenlane recorded a $19.1 million noncash valuation loss as BERA’s price fell nearly 76% year to date.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}