on Greenlane Holdings, Inc. (NASDAQ:GNLN)
Greenlane Holdings Invests $8 Million in BERA
Greenlane Holdings, Inc., a company focused on digital asset treasury and premium cannabis accessories, has purchased $8 million worth of BERA tokens. This acquisition is part of its Berachain Treasury Strategy, initiated on October 23, 2025. The purchase added approximately 5.76 million BERA at an average price of $1.39 per token.
The company has staked most of its 8.33 million liquid BERA tokens, aiming to earn revenue through Berachain's Proof of Liquidity protocol. By December 8, 2025, Greenlane had earned over 180,000 BERA from staking, with an annualized return rate of 30% as of December 3, 2025.
Greenlane maintains approximately $32 million in cash and stablecoin reserves for the Berachain strategy. The company plans to continue expanding its BERA holdings and leveraging decentralized finance platforms for additional revenue.
R. P.
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