gnln

A major loss hits the BERA treasury
Greenlane Holdings (GNLN) announced a net loss of $24.8 million in Q2 2026, after recording a non-cash loss of $19.1 million due to a decline in the fair value of its digital assets, driven mainly by a drop in the BERA price.
The company held about 81.3 million BERA, purchased at a cost of roughly $70.2 million, while the fair value of the holding fell to only about $16.4 million by the end of June—about 76.6% below the purchase cost.
Despite this, the digital assets segment generated around $309 thousand in storage revenues and yield during the quarter.
📌 The most important takeaway:
Shifting to a treasury heavily reliant on a single asset can amplify profits when the market rises, but in return it sharply increases exposure risk during a downturn.
BERA or a more diversified treasury strategy?

#BERA #Berachain #GNLN #crypto #CryptoTreasury