CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

NATIONAL BANK OF CANADA /FI/'s Holding History (CIK: 0000926171)

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

Q4 2025

Shares 1,344 Value ($000) $20 Avg Close $17.65 Range $12.41 - $25.52

Q2 2024

Shares 3,000 Value ($000) $14 Avg Close $4.14 Range $3.30 - $5.89

Q3 2023

Shares 28,300 Value ($000) $72 Avg Close $3.38 Range $2.25 - $5.29

Q2 2023

Shares 28,300 Value ($000) $91 Avg Close $2.46 Range $1.76 - $3.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,344	$20	$17.65	$12.41 - $25.52
Q2 2024	3,000	$14	$4.14	$3.30 - $5.89
Q3 2023	28,300	$72	$3.38	$2.25 - $5.29
Q2 2023	28,300	$91	$2.46	$1.76 - $3.32