CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

TEACHER RETIREMENT SYSTEM OF TEXAS's Holding History (CIK: 0000796848)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 10,411 Value ($000) $154 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 33,841 Value ($000) $426 Avg Close $7.54 Range $4.55 - $15.54

Q2 2025

Shares 38,281 Value ($000) $183 Avg Close $3.23 Range $1.86 - $4.86

Q1 2025

Shares 35,469 Value ($000) $82 Avg Close $4.55 Range $2.18 - $6.45

Q1 2022

Shares 10,192 Value ($000) $37 Avg Close $3.21 Range $2.33 - $4.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,411	$154	$17.65	$12.41 - $25.52
Q3 2025	33,841	$426	$7.54	$4.55 - $15.54
Q2 2025	38,281	$183	$3.23	$1.86 - $4.86
Q1 2025	35,469	$82	$4.55	$2.18 - $6.45
Q1 2022	10,192	$37	$3.21	$2.33 - $4.71