Greenlane Completes Major BERA Deployment, Appoints New CEO to Lead Digital Asset Treasury Strategy

Greenlane Holdings, Inc. has completed the deployment of approximately 50 million units of BERA into validator infrastructure across the Berachain network as part of its Digital Asset Treasury strategy. The company held approximately 70.4 million units of BERA as of February 27, 2026, representing a substantial position in the blockchain ecosystem.

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 approach aligns with Berachain’s protocol-level decentralization constraints, indicating Greenlane’s commitment to supporting network security and infrastructure development. The company has sought to stake substantially all of its liquid on-chain holdings of BERA through Proof of Liquidity staking and validator participation.

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. As of February 27, 2026, the publicly reported annualized PoL staking rate on the Berachain network was approximately 25%, subject to prevailing network conditions that include protocol parameter changes, reward schedule adjustments, validator set changes and market volatility. Current and historical annualized rates of return may be viewed at any point on https://hub.berachain.com/stake/.

On February 18, 2026, the company announced the appointment of Jason Hitchcock as Chief Executive Officer. Hitchcock is a technology executive with 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 the continued development of the company’s DAT initiatives.

‘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 activities involve significant risks, as detailed in its SEC filings available at https://www.sec.gov. 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. Investments in and exposures to digital assets such as BERA are highly speculative and may result in the loss of all or a substantial portion of the invested capital.

Greenlane initiated its Berachain-focused digital asset treasury strategy in October 2025, dedicated to acquiring BERA and increasing BERA-per-share through treasury management. The company engages in network staking, validator participation, liquidity provisioning, and strategic initiatives intended to contribute to the long-term sustainability of decentralized protocols within its portfolio. Berachain reports that it has raised $150 million from leading digital asset investors including Brevan Howard, Framework Ventures, Polychain Capital, Samsung Next, Laser Digital by Nomura, Goldentree Asset Management, SBI VC Trade and more.

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