Directors Company Completes Payment for Bitnine Capital Increase... AI Business Launches in Full Swing

Directors Company (CEO Shin Jae-hyuk) has completed the payment for Bitnine's third-party allotment capital increase, becoming the largest shareholder of Bitnine. Directors Company plans to accelerate its global market expansion by fully launching its AI business using Bitnine's database management solutions.

According to the Financial Supervisory Service's electronic disclosure system on the 28th, Bitnine announced that the payment for a 6 billion KRW capital increase targeting Directors Company, CEO Shin Jae-hyuk, and Directors Tech CEO Lee Jae-cheol has been completed. Through this, Directors Company and two others acquired 3,901,170 new shares, replacing the existing CEO Kang Cheol-soon as the largest shareholder. The newly issued shares will be under a one-year lock-up period.

Directors Company plans to fully launch its AI agent business by combining Bitnine's unique database management technology with its own generative AI video advertising production technology. The AI agent service is expected to lead innovation in the advertising and e-commerce markets by maximizing marketing efficiency through large-scale data analysis.

Additionally, Directors Company will target the North American market by utilizing AGEDB Technology Ltd, a subsidiary of Bitnine listed on the Canadian stock exchange. This is expected to serve as an opportunity to globally expand the European luxury brand market secured through the acquisition of SKAIWORKS.

A company representative emphasized, "Bitnine's data analysis technology will be a key asset for Directors Company to expand its AI business," adding, "We will secure competitiveness in the global advertising market, including North America, through the fusion of luxury AI technology and data."

This content was produced with the assistance of AI translation services.