CIPHER MINING INC

Ticker: CIFR CUSIP: 17253J106 Class: Common Stock

Vennlight Capital Management, LP's Holding History (CIK: 0002013462)

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

Q4 2025

Shares 294,292 Value ($000) $4,344 Avg Close $17.65 Range $12.41 - $25.52

Q3 2025

Shares 87,200 Value ($000) $1,098 Avg Close $7.54 Range $4.55 - $15.54

Q2 2025

Shares 1,042,379 Value ($000) $4,983 Avg Close $3.23 Range $1.86 - $4.86

Q1 2025

Shares 1,631,927 Value ($000) $3,753 Avg Close $4.55 Range $2.18 - $6.45

Q4 2024

Shares 295,200 Value ($000) $1,370 Avg Close $5.68 Range $3.48 - $7.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	294,292	$4,344	$17.65	$12.41 - $25.52
Q3 2025	87,200	$1,098	$7.54	$4.55 - $15.54
Q2 2025	1,042,379	$4,983	$3.23	$1.86 - $4.86
Q1 2025	1,631,927	$3,753	$4.55	$2.18 - $6.45
Q4 2024	295,200	$1,370	$5.68	$3.48 - $7.77