Greenlane Q2 Loss Exceeds $19.1M; BERA Holdings Down 77%

The scale of Greenlane's markdown shows how quickly a single-token treasury strategy can turn against a listed company, with the loss now flowing through reported earnings rather than sitting as an unrealized footnote. That matters for anyone tracking the growing cohort of corporates that have repurposed their balance sheets around crypto assets, since it tests whether public-market investors will tolerate that volatility. Whether such vehicles keep attracting capital or face pressure to diversify is the open question.