Greenlane Holdings’ $BERA-focused crypto treasury ended the second quarter valued at $16.4 million, lower than 1 / 4 of its $70 million price foundation, based on a regulatory submitting.
On Friday, the corporate stated it held 81.3 million $BERA and $BERA-equivalent tokens as of June 30. The $53.8 million hole between their price and truthful worth left the portfolio 76.6% under price.
Greenlane reported a $19.1 million noncash fair-value loss on digital belongings throughout the quarter, contributing to a internet lack of $24.8 million. In the meantime, its digital asset section generated $309,000 in staking and yield income over the identical interval.
Greenlane Holdings is a Nasdaq-listed former hashish equipment firm that shifted to a digital asset treasury technique centered on Berachain’s $BERA token.
The corporate adopted $BERA as its main treasury reserve asset in October 2025, after finishing a $110.7 million non-public placement. It elevated its holdings from 77.7 million $BERA and equal tokens on the finish of March regardless of the declining valuation.
$BERA has fallen 75.9% 12 months so far and was buying and selling at about $0.146 on the time of writing, based on CoinGecko. The token briefly traded above $1.20 earlier this 12 months earlier than declining steadily towards $0.15.
