Greenlane's $70 Million BERA Asset Pool Shrinks to $16.4 Million, Q2 Net Loss $24.8 Million

According to Cointelegraph, Nasdaq-listed company Greenlane Holdings disclosed that its crypto asset treasury centered on BERA was valued at only $16.4 million as of June 30, shrinking 76.6% from a cost basis of $70 million. The company recorded a $19.1 million non-cash fair value loss for the quarter, with a net loss reaching $24.8 million; the digital assets segment generated $309,000 in revenue through staking and yields during the same period. After completing a $110.7 million private placement in October 2025, Greenlane designated BERA as its primary reserve asset and currently holds 81.3 million BERA and equivalent tokens, an increase compared to the end of the first quarter.