CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

TWO SIGMA ADVISERS, LP's Holding History (CIK: 0001478735)

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

Q4 2025

Shares 393,600 Value ($000) $5,810 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 2,764,200 Value ($000) $34,801 Avg Close $7.54 Range $4.55 - $15.54

Q2 2025

Shares 319,000 Value ($000) $1,525 Avg Close $3.23 Range $1.86 - $4.86

Q2 2024

Shares 222,500 Value ($000) $923 Avg Close $4.14 Range $3.30 - $5.89

Q1 2024

Shares 315,100 Value ($000) $1,623 Avg Close $3.46 Range $2.15 - $5.75

Q4 2023

Shares 90,100 Value ($000) $372 Avg Close $3.05 Range $2.25 - $5.60

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	393,600	$5,810	$17.65	$12.41 - $25.52
Q3 2025	2,764,200	$34,801	$7.54	$4.55 - $15.54
Q2 2025	319,000	$1,525	$3.23	$1.86 - $4.86
Q2 2024	222,500	$923	$4.14	$3.30 - $5.89
Q1 2024	315,100	$1,623	$3.46	$2.15 - $5.75
Q4 2023	90,100	$372	$3.05	$2.25 - $5.60