CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

RR Advisors, LLC's Holding History (CIK: 0001322613)

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

Q4 2025

Shares 130,000 Value ($000) $1,919 Avg Close $17.65 Range $12.41 - $25.52

Q1 2025

Shares 269,000 Value ($000) $1 Avg Close $4.55 Range $2.18 - $6.45

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	130,000	$1,919	$17.65	$12.41 - $25.52
Q1 2025	269,000	$1	$4.55	$2.18 - $6.45