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BTC $78,724.62 +1.88%
ETH $2,473.30 +1.32%
BNB $702.43 +0.54%
XRP $1.47 -1.77%
SOL $96.21 +1.23%
TRX $0.3437 +0.01%
DOGE $0.0889 -3.78%
ADA $0.2185 -2.34%
BCH $269.39 -1.10%
LINK $11.53 +0.56%
HYPE $77.70 -4.04%
AAVE $134.69 -3.44%
SUI $0.8036 -3.71%
XLM $0.1923 -2.60%
ZEC $811.48 -3.65%

Public company Greenlane Holdings announced a $110 million private placement to initiate the BERA financial strategy

2025-10-20 20:34:53

ChainCatcher news, according to stocktitan, the U.S. publicly traded company Greenlane Holdings (GNLN) announced a $110 million PIPE (Private Investment in Public Equity) financing to launch a new digital asset treasury strategy called BeraStrategy, with the BERA token designated as the primary treasury reserve asset.

This PIPE financing includes approximately $50 million in cash and about $60 million worth of BERA tokens, priced at $3.84 per share (with each pre-financing warrant at $3.83). The transaction is expected to be completed on or around October 23, 2025.

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