Value falls to $16.4 million, publicly traded company Greenlane's BERA token holdings down 76.6% from cost basis

Odaily News: As of the end of the second quarter, publicly traded company Greenlane Holdings' crypto treasury, centered on Berachain's BERA tokens, was valued at approximately $16.4 million, holding 81.3 million BERA, down 76.6% from a cost basis of approximately $70 million. BERA is down 75.9% year-to-date. Greenlane reported a non-cash fair value loss of $19.1 million on its digital assets for the quarter, resulting in a net loss of $24.8 million; during the same period, its digital asset segment generated $309,000 in staking and yield income.