Greenlane Holdings Provides Digital Asset Treasury Update and Announces $2.0 Million Share Repurchase Program

About this update from Greenlane Holdings, Inc.

Company Reports 77.9 Million BERA Holdings Representing 32% of Circulating Supply BOCA RATON, Fla., April 09, 2026 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (Nasdaq: GNLN), a publicly traded digital asset treasury company with a strategic focus on BERA, the native digital asset of the Berachain blockchain network, today provided an update on its BERA treasury holdings and announced that its Board of Directors (the "Board") has authorized a $2.0 million share repurchase program. The authorization reflects the Board's confidence in the Company's balance sheet strength, the value of its digital asset holdings, and the long-term potential of the Berachain ecosystem. Strong Balance Sheet Supports Ongoing Treasury Growth As reported in the Company's fourth quarter and full year 2025 financial results, as of December 31, 2025, the Company held $32.5 million in cash and cash equivalents (including $22.8 million in stablecoins), $36.6 million in digital assets at fair value and carried total liabilities of $7.2 million with no outstanding debt. Total stockholders' equity was $67.7 million. These figures are derived from the Company's audited consolidated financial statements as reported in its Annual Report on Form 10-K filed with the SEC. Digital Asset Treasury Update As of April 7, 2026, Greenlane held approximately 77.9 million units of BERA1, representing approximately 32% of the circulating supply of BERA as reported by CoinMarketCap on that date2. The following table summarizes key treasury metrics: MetricValueDetailTotal BERA Holdings77.9 million unitsAs of April 7, 2026% of Circulating Supply32%Per CoinMarketCap2Validator Deployment50.0 million unitsAcross multiple operators3BERA Purchased~7.5 million unitsFebruary 27 – April 7, 2026Cumulative Protocol Rewards1.46 million unitsSince inception (October 2025) Validator Deployment: Deployment has been structured across multiple operators, including the Company’s BeraStrategy validator, and is intended to align with Berachain’s protocol-level decentralization constraints3. Units deployed in validator infrastructure are subject to protocol-defined unbonding periods that limit near-term liquidity.Staking Activity: The Company has sought to stake substantially all of its liquid on-chain holdings of BERA through Proof of Liquidity (“PoL”) staking and validator participation4.Proto...

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