From Benzinga's 'Fintech Deal Day' Conference: Hedera CFO, Betsabe Botaitis Says Co Has 1000% Less Energy Consumption Than Visa
Portfolio Pulse from Benzinga Newsdesk
At Benzinga's 'Fintech Deal Day' Conference, Hedera CFO Betsabe Botaitis claimed that the company has 1000% less energy consumption compared to Visa.
November 13, 2023 | 6:17 pm
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NEGATIVE IMPACT
Visa is indirectly mentioned in a comparison of energy consumption, where Hedera claims to be 1000% more energy-efficient.
The claim by Hedera's CFO about their superior energy efficiency compared to Visa could potentially raise concerns among investors about Visa's environmental impact and sustainability practices. This could lead to negative sentiment in the short term, affecting Visa's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70