BlackRock's recent update on the bitcoin holdings for its bitcoin spot ETF reveals a substantial increase in their total BTC holdings. As of March 6th, the IBIT now holds a staggering 187,531.99655 BTC, valued at over $12 billion. This marks a new record high for the holdings market value, reaching an impressive $12,591,273,312.25. This significant increase further solidifies BlackRock's position as a major player in the cryptocurrency market.