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Greenlane shifts to Berachain-focused digital asset treasury, reports $85.6M net loss in 2025 amid strategic transition.

Company Fundamentals
31 Mar 2026
MCAP MediaWire
View Source
Bearish
pluang ai news

Greenlane Holdings completed its strategic shift to a digital asset treasury focused on Berachain's native token, BERA, in 2025, raising $110.7M in capital and acquiring over 51 million BERA tokens. The company reported a net loss of $85.6 million for 2025, driven by a $31.1 million loss in BERA's fair value and increased stock-based compensation related to its strategic transition. Despite a revenue decline due to winding down legacy operations, Greenlane holds substantial cash and digital assets, positioning itself for future growth in the Berachain ecosystem. The company also faces Nasdaq delisting but plans to appeal and has approved a reverse stock split to regain compliance.

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