Exhibit 21.1

Bimini Capital Management, Inc. 

Consolidated Subsidiaries of the Registrant

December 31, 2021

Consolidated subsidiaries included in the 2021 consolidated financial statements of Bimini Capital Management, Inc.

are: 

Jurisdiction of

Organization

Percentage of

Voting Power

Royal Palm Capital, LLC

Delaware

100.0

Bimini Advisors Holdings, LLC

Maryland

100.0

Bimini Advisors, LLC

Maryland

100.0

HomeStar SPV Holdings, Inc.

Delaware

100.0

HS Special Purpose, LLC

Delaware

100.0

Opteum Financial Services Corporation

Pennsylvania

100.0

Opteum Mortgage Acceptance Corporation

Delaware

100.0

Opteum SPV 2, LLC

Delaware

100.0