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Greenlane's BERA token portfolio drops 76.6%, causing $24.8M quarterly loss despite staking income.

Protocol Fundamentals
17 Aug 2026
Blockonomi
View Source
Bearish
pluang ai news

Greenlane Holdings reported a 76.6% impairment in its BERA token portfolio, valued at $16.4 million compared to a $70 million acquisition cost, leading to a $24.8 million net loss in Q2 2026. Despite the sharp price decline, the company increased its BERA holdings to 81.3 million tokens and earned $309,000 from staking and yield farming. This portfolio remains central to Greenlane's financial results, highlighting risks in its pivot from cannabis products to cryptocurrency assets. The company continues to manage blockchain operations but faces ongoing volatility and value erosion in its digital assets.

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