Greenlane Holdings, Inc. (Nasdaq: GNLN) announced on March 3, 2026, that it has completed the deployment of approximately 50 million units of BERA into validator infrastructure across multiple operators on the Berachain network. As of February 27, 2026, the company held approximately 70.4 million units of BERA, including recent acquisitions and staking rewards. The deployment aligns with Berachain’s protocol-level decentralization constraints and is part of Greenlane’s broader digital asset treasury (DAT) strategy.
Between December 4, 2025, and February 27, 2026, Greenlane acquired approximately 9 million units of BERA at prices ranging from $0.40 to $0.93 per unit. The validator deployment, initially announced in January 2026, includes 20 million units across two independently operated validators and up to 30 million units through a partnership with Infrared Finance. The company has also sought to stake substantially all of its liquid on-chain holdings of BERA through Proof of Liquidity (PoL) staking, with the publicly reported annualized PoL staking rate on the Berachain network at approximately 25% as of February 27, 2026.
In a leadership update, Greenlane announced the appointment of Jason Hitchcock as Chief Executive Officer, effective 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 company’s 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,” said Jason Hitchcock.
Greenlane’s digital asset treasury strategy, initiated in October 2025, is dedicated to acquiring BERA and increasing BERA-per-share through treasury management. The company is a Berachain ecosystem participant focused on supporting the development and operation of blockchain-based infrastructure. Berachain, the first blockchain powered by Proof of Liquidity, uses a mechanism that aligns network security with ecosystem liquidity, operating with three native tokens: BERA, BGT, and HONEY. The network has raised $150 million from leading digital asset investors.
