Investment
Features
FeesSafety
Academy
More
Pluang+

Greenlane reports $19M loss as value of BERA tokens plummets 76% in 2026

Market News
17 Aug 2026
Crypto Briefing
View Source
Bearish
Greenlane reports $19M loss as value of BERA tokens plummets 76% in 2026

Greenlane Holdings posted a $24.8 million net loss in Q2 2026, largely due to a $19.1 million non-cash write-down on its digital asset holdings, specifically the BERA token of Berachain, which has dropped 76% this year. The company bought 81.3 million BERA tokens for $70.2 million, now valued at just $16.4 million. Greenlane shifted from cannabis accessories to a digital asset treasury strategy in late 2025, but the sharp decline in BERA’s value and limited cash reserves raise concerns about its financial stability and future operations. The company’s strategy mirrors MicroStrategy’s Bitcoin approach but with higher risk due to focusing on a single, less liquid altcoin.

More News

Core & Main beats Q2 revenue and EPS estimates, driven by municipal infrastructure demand.

Core & Main beats Q2 revenue and EPS estimates, driven by municipal infrastructure demand.

Core & Main reported strong Q2 earnings with EPS of $0.94, surpassing the $0.92 analyst estimate and showing an 8% increase year-over-year. Revenue reached $2.15 billion, slightly above the $2.14 billion expected, supported by robust municipal infras...

Company Fundamentals
Bullish
1 hour ago
Korn Ferry beats Q1 earnings and revenue estimates but stock dips on cautious Q2 outlook

Korn Ferry beats Q1 earnings and revenue estimates but stock dips on cautious Q2 outlook

Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...

Company Fundamentals
Neutral
2 hours ago
SailPoint Q2 revenue slightly misses estimates but shows strong ARR growth and EPS beat.

SailPoint Q2 revenue slightly misses estimates but shows strong ARR growth and EPS beat.

SailPoint reported Q2 2026 earnings with revenue of $308.81 million, slightly below estimates but up 17% year-over-year. Adjusted EPS of $0.09 beat analyst expectations by 12.5%, reflecting improved profitability. The company showed strong subscripti...

Company Fundamentals
Neutral
3 hours ago
The Cooper Companies forecast Q3 EPS of $1.12 and $1.10B revenue, with an analyst raising price target to $80.

The Cooper Companies forecast Q3 EPS of $1.12 and $1.10B revenue, with an analyst raising price target to $80.

The Cooper Companies is set to report its Q3 2026 earnings with analysts expecting earnings per share (EPS) of $1.12 and revenue of $1.10 billion, both showing growth from the previous year. Despite a recent 2.7% drop in stock price to $67.69, an ana...

Company Fundamentals
Bullish
4 hours ago
Farmland Partners rated Buy with 35% upside based on asset value and NAV support

Farmland Partners rated Buy with 35% upside based on asset value and NAV support

Farmland Partners Inc. is rated as a Buy with a target price of $13.80, implying a 35% upside from its current price of $10.25. The investment thesis focuses on the company's asset value rather than income, as its AFFO does not cover dividends and th...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App