Greenlane Holdings, Inc. has completed the deployment of approximately 50 million units of BERA into validator infrastructure on the Berachain network as part of its Digital Asset Treasury strategy update. The company reported holding approximately 70.4 million units of BERA as of February 27, 2026, representing significant positioning within the Berachain ecosystem.
Between December 4, 2025 and February 27, 2026, Greenlane acquired approximately 9 million additional units of BERA at prices ranging from approximately $0.40 to $0.93 per unit. The validator deployment was structured across multiple operators, including approximately 20 million units across two independently operated validators and up to 30 million units through a partnership with Infrared Finance. This multi-operator approach aligns with Berachain's protocol-level decentralization constraints, suggesting a strategic commitment to network security and distribution.
The company has sought to stake substantially all of its liquid on-chain holdings of BERA through Proof of Liquidity staking and validator participation. As of February 27, 2026, the publicly reported annualized PoL staking rate on the Berachain network was approximately 25%, subject to prevailing network conditions. Current and historical annualized rates of return may be viewed at any point on https://hub.berachain.com/stake/.
On February 18, 2026, Greenlane announced the appointment of Jason Hitchcock as Chief Executive Officer. Hitchcock brings over 15 years of experience building and scaling revenue engines across SaaS, blockchain infrastructure, and decentralized finance, most recently serving as Head of Business Development at thirdweb. His mandate includes overseeing corporate strategy, capital allocation, and continued development of the company's DAT initiatives, including seeking to deepen participation within the Berachain ecosystem across validator infrastructure, staking, and liquidity provisioning.
"Since joining Greenlane, my immediate focus has been on the disciplined execution of our Digital Asset Treasury strategy," said Hitchcock. "We have continued to deploy units of BERA into validator infrastructure across the Berachain ecosystem and remain focused on transparent reporting and prudent capital allocation as we seek to build long-term value for shareholders."
The company's total BERA holdings as of February 27, 2026 are comprised of initial BERA holdings of 54.2 million units, cumulative open-market purchases of 14.9 million units, BERA earned from staking and validator participation, and BERA acquired through structured token trading agreements. Greenlane initiated its Berachain-focused digital asset treasury strategy in October 2025, dedicated to acquiring BERA and increasing BERA-per-share through treasury management.
Berachain operates with three native tokens—BERA for gas and staking, BGT for governance and rewards, and HONEY as a native stablecoin—designed to support sustainable on-chain economies. The network has reportedly raised $150 million from leading digital asset investors including Brevan Howard, Framework Ventures, Polychain Capital, Samsung Next, Laser Digital by Nomura, Goldentree Asset Management, and SBI VC Trade.
Greenlane's activities involving BERA and other digital assets are subject to risks described in the company's SEC filings, which are available at https://www.sec.gov. The company notes that BERA is a digital asset that is not legal tender, is not backed by any government or central bank, and may be subject to extreme price volatility, regulatory uncertainty, and technological risk.
