Bayside Corp. Launches Vault 52 For Institutional Bitcoin Consumers
Bitcoinz USA records over 3 million dollars in gross sales of Bitcoin and Vault 51
Bayside Corp. (BYSD.PK) today announced through its subsidiary company Bitcoinz USA, the launch of Vault 52, an offline storage system for institutional Bitcoin consumers. Furthermore, the sale of Bitcoin and Vault 52 is now available to registered institutional users on the company’s current website.
To continue, the launch of Vault 52 was brought on after Bitcoinz USA recorded over three million dollars in Bitcoin and Vault 51 gross sales in its second fiscal quarter of the year. The company’s sales growth was spurred on by its sales expansion of Bitcoin and Vault 51 into over thirty-five countries thus far in 2015 versus one country just a year ago. “Vault 52 streamlines the demand for company’s sale, service and secure storage of Bitcoin for institutional consumers.”-JW Walker President Bitcoinz USA
Moreover, cyber theft continues reek havoc on Bitcoin consumers and exchanges. Over the past year alone, the theft of Bitcoin has represented over of $600 million USD in consumer losses. These security breaches continue to highlight the need for consumers to protect their Bitcoin with a premiere defense system like Vault 51 & 52.
The sale of Bitcoin, Vault 51 and 52 is operated by Bayside Corp’s subsidiary company Bitcoinz USA. Vault 51 is an offline storage system for retail Bitcoin users which is represented by a copper Physical Bitcoin and Vault 52 is an offline secure storage for institutional Bitcoin users which is represented by a silver Physical Bitcoin. The electronic Bitcoin is then stored off-line in a secured computer chip known as Vault 51 & 52 and embedded in a Physical Bitcoin, which is not connected to the internet. This process is also known as cold storage and is done to avoid hacking, loss, or theft.
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About Bayside
Bayside Corp. is an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors. For additional information on the Company visit our website at: http://www.baysidecorp.com
Certain statements in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" All forward-looking statements are based on Bayside's current expectations, estimates, projections, beliefs and assumptions based on information available at the time the statement was made and in light of Bayside's experience and its perception of historical trends.
The forward-looking statement in this news release includes reference to: Bayside's ability to execute on its strategy and deliver strong results on behalf of its shareholders. Forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties; some that are similar to other related companies and some that are unique to our company. Bayside's actual results may differ materially from those expressed or implied by our forward-looking statements and you are cautioned not to place undue reliance on them
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