CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

DRIEHAUS CAPITAL MANAGEMENT LLC's Holding History (CIK: 0000938206)

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

Q4 2025

Shares 1,909,677 Value ($000) $28,187 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 1,443,311 Value ($000) $18,171 Avg Close $7.54 Range $4.55 - $15.54

Q4 2024

Shares 2,034,312 Value ($000) $9,439 Avg Close $5.68 Range $3.48 - $7.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,909,677	$28,187	$17.65	$12.41 - $25.52
Q3 2025	1,443,311	$18,171	$7.54	$4.55 - $15.54
Q4 2024	2,034,312	$9,439	$5.68	$3.48 - $7.77