tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Greenlane Holdings Announces $110M Cryptocurrency Strategy

Story Highlights
  • Greenlane Holdings announced a $110 million private placement to acquire BERA cryptocurrency.
  • The transaction aims to make Greenlane a major publicly traded holder of BERA, enhancing its market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Greenlane Holdings Announces $110M Cryptocurrency Strategy

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Greenlane Holdings ( (GNLN) ) just unveiled an update.

On October 20, 2025, Greenlane Holdings announced a $110 million private placement to implement a digital asset treasury strategy centered on acquiring BERA, the native cryptocurrency of the Berachain blockchain. This transaction, led by Polychain Capital and other investors, aims to position Greenlane as a major publicly traded holder of BERA, with proceeds used for BERA acquisitions and general corporate purposes. The initiative is expected to enhance Greenlane’s engagement with capital markets and expand its presence in the cryptocurrency sector.

The most recent analyst rating on (GNLN) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Greenlane Holdings stock, see the GNLN Stock Forecast page.

Spark’s Take on GNLN Stock

According to Spark, TipRanks’ AI Analyst, GNLN is a Neutral.

Greenlane Holdings’ overall stock score is primarily impacted by its poor financial performance and valuation metrics. The company’s ongoing profitability challenges and negative cash flow generation are significant concerns. Technical analysis indicates bearish momentum, further contributing to the low score.

To see Spark’s full report on GNLN stock, click here.

More about Greenlane Holdings

Founded in 2005, Greenlane Holdings, Inc. is a global platform specializing in the development and distribution of premium smoking accessories, vape devices, and lifestyle products. The company operates through a family of brands and an omnichannel distribution platform, offering both its own brand portfolio and third-party products through various sales channels, including e-commerce platforms.

Average Trading Volume: 126,633

Technical Sentiment Signal: Sell

Current Market Cap: $5.32M

Learn more about GNLN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1