CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

SBI Securities Co., Ltd.'s Holding History (CIK: 0001851815)

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

Q4 2025

Shares 7,203 Value ($000) $106 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 27,561 Value ($000) $347 Avg Close $7.54 Range $4.55 - $15.54

Q2 2025

Shares 16,808 Value ($000) $80 Avg Close $3.23 Range $1.86 - $4.86

Q1 2025

Shares 29,948 Value ($000) $69 Avg Close $4.55 Range $2.18 - $6.45

Q4 2024

Shares 26,493 Value ($000) $123 Avg Close $5.68 Range $3.48 - $7.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	7,203	$106	$17.65	$12.41 - $25.52
Q3 2025	27,561	$347	$7.54	$4.55 - $15.54
Q2 2025	16,808	$80	$3.23	$1.86 - $4.86
Q1 2025	29,948	$69	$4.55	$2.18 - $6.45
Q4 2024	26,493	$123	$5.68	$3.48 - $7.77