Greenlane Holdings, Inc. (Nasdaq: GNLN), a company with a Berachain-focused Digital Asset Treasury (DAT), announced the completion of deploying approximately 50 million units of BERA into validator infrastructure across multiple operators as of February 27, 2026. The company also reported total holdings of approximately 70.4 million units of BERA, reflecting acquisitions and staking activity since its last update in December 2025.
Between December 4, 2025, and February 27, 2026, Greenlane acquired roughly 9 million units of BERA at prices ranging from $0.40 to $0.93 per unit. The deployment of BERA into validator infrastructure aligns with Berachain's protocol-level decentralization constraints and includes partnerships with two independently operated validators (announced January 20, 2026) and Infrared Finance (announced January 26, 2026). As of the reporting date, approximately 50 million units of BERA were deployed, and the company has sought to stake substantially all of its liquid on-chain holdings through Proof of Liquidity (PoL) staking and validator participation. The publicly reported annualized PoL staking rate on the Berachain network was approximately 25%, subject to prevailing network conditions.
In a leadership update, the company announced the appointment of Jason Hitchcock as Chief Executive Officer on February 18, 2026. Hitchcock, a technology executive with over 15 years of experience in SaaS, blockchain infrastructure, and decentralized finance, previously served as Head of Business Development at thirdweb. His mandate includes overseeing corporate strategy, capital allocation, and the continued development of the DAT initiatives, including deepening 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. 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," Hitchcock said.
Greenlane's digital asset treasury strategy, initiated in October 2025, focuses on acquiring BERA and increasing BERA-per-share through treasury management. The company is a Berachain ecosystem participant supporting blockchain-based infrastructure, including assets and applications built on Berachain. Berachain, the first blockchain powered by Proof of Liquidity, operates with three native tokens—BERA (gas and staking), BGT (governance and rewards), and HONEY (native stablecoin)—and has raised $150 million from investors including Brevan Howard, Framework Ventures, and Polychain Capital.
The announcement underscores Greenlane's commitment to its digital asset strategy amid a volatile market for cryptocurrencies. The deployment of BERA into validator infrastructure not only generates staking rewards but also contributes to the security and liquidity of the Berachain network. With a new CEO at the helm, the company aims to navigate the complexities of the digital asset landscape and build long-term shareholder value.
