Greenlane BERA valuation crashes to $16.4M despite $53.8M unrealized loss
Greenlane Holdings closed the books on the second quarter of 2026 with a crypto treasury worth a fraction of what it paid to build it. The Greenlane BERA valuation stood at just $16.4 million as of June 30, according to a regulatory filing released Friday, August 14 — a steep drop from the $70 million the Nasdaq-listed company originally spent accumulating the token. The gap between what Greenlane paid and what its BERA stash is worth today has become one of the most striking case studies yet of how volatile a corporate crypto treasury strategy can turn out to be.
Key takeaways
- Greenlane’s BERA holdings were valued at $16.4 million as of June 30, 2026, against a $70 million cost basis.
- The unrealized loss on the position reached $53.8 million by the end of the quarter.
- Greenlane posted a $19.1 million noncash fair value loss on digital assets and a $24.8 million net loss for Q2 2026.
- BERA has fallen roughly 75.9% since the start of 2026, trading near $0.146 after peaking above $1.20 earlier in the year, according to CoinGecko.
- Despite the price collapse, Greenlane kept buying, raising its token count from 77.7 million in March to 81.3 million by June.
Greenlane’s Crypto Treasury Valued at $16.4 Million After Q2 2026
Greenlane’s digital asset stockpile is now worth less than a quarter of what the company spent to assemble it. The Greenlane BERA valuation disclosed in the August 14 filing puts the position at $16.4 million, a number that immediately raises questions about how the company plans to manage a treasury strategy built around a single, thinly traded token.
… Continue reading the full article at the original source below.
