Framework Ventures' holdings of BERA tokens have suffered a paper loss of over $50 million.

According to Unchained's monitoring, as of the end of Q2 2025, Framework Ventures, the co-lead investor in Berachain Series B, held 21,145,476 BERA tokens at a total cost of approximately $72.4 million. The average purchase price of these tokens was $3.42. Based on current prices, Framework Ventures has suffered a paper loss of over $50.8 million on these BERA tokens.

The report states that other investors in Berachain Series B (which raised a total of $100 million) would also be operating at a loss if they invested at the previously reported valuation of $1.5 billion. As of press time, Berachain's fully diluted valuation (FDV) was approximately $526.7 million.