CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

Brevan Howard Capital Management LP's Holding History (CIK: 0001512857)

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

Q4 2025

Shares 390,289 Value ($000) $5,761 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 116,339 Value ($000) $1,465 Avg Close $7.54 Range $4.55 - $15.54

Q2 2025

Shares 1,114,901 Value ($000) $5,329 Avg Close $3.23 Range $1.86 - $4.86

Q1 2025

Shares 201,653 Value ($000) $464 Avg Close $4.55 Range $2.18 - $6.45

Q4 2024

Shares 99,939 Value ($000) $464 Avg Close $5.68 Range $3.48 - $7.77

Q3 2024

Shares 370,213 Value ($000) $1,433 Avg Close $4.21 Range $2.65 - $7.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	390,289	$5,761	$17.65	$12.41 - $25.52
Q3 2025	116,339	$1,465	$7.54	$4.55 - $15.54
Q2 2025	1,114,901	$5,329	$3.23	$1.86 - $4.86
Q1 2025	201,653	$464	$4.55	$2.18 - $6.45
Q4 2024	99,939	$464	$5.68	$3.48 - $7.77
Q3 2024	370,213	$1,433	$4.21	$2.65 - $7.99