Greenlane Holdings (GNLN) Stock : BERA Treasury Plunges 76% as Crypto Holdings Sink to $16.4M

TLDR

• Greenlane’s BERA Treasury ended Q2 at $16.4M, down 76.6% from its total cost.
• Greenlane held 81.3M BERA tokens despite a continued decline in treasury value.
• Digital asset losses hit $19.1M and helped drive a $24.8M quarterly net loss.
• Staking and yield activities generated $309,000 in revenue during the quarter.
• Greenlane expanded its BERA holdings even as the token’s market price declined.

Greenlane Holdings ended the second quarter with its BERA Treasury valued at $16.4 million. The portfolio carried a $70 million cost basis, leaving its value about 76.6% below acquisition costs. Meanwhile, falling BERA prices drove another major quarterly loss for the Nasdaq-listed company.

Greenlane’s BERA Treasury Records Sharp Second-Quarter Loss

Greenlane held 81.3 million BERA and BERA-equivalent tokens on June 30, according to its regulatory filing. However, the BERA Treasury showed a $53.8 million difference between fair value and total acquisition costs. That gap reflects the steep decline in Berachain’s native token during the first half of 2026.

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