Greenlane Holdings announced a $110 million private placement to kickstart its BERA financial strategy.

BlockBeats News, October 20th, according to stocktitan, U.S. listed company Greenlane Holdings (GNLN) announced a $110 million private investment in public equity (PIPE) financing to launch a new digital asset treasury strategy named BeraStrategy, with the BERA token being identified as the primary treasury reserve asset. This PIPE financing includes approximately $50 million in cash and BERA tokens valued at around $60 million, priced at $3.84 per share ($3.83 per pre-financing warrant). The transaction is expected to close on or around October 23, 2025.