Bimini Capital Management (BMNM) 10-Q 2022 Q1 Quarterly report

Exhibit 31.1

CERTIFICATIONS

I, Robert E. Cauley, certify that:

1.

I have reviewed this Quarterly Report on Form 10-Q of Bimini Capital Management,Inc. (the "registrant");

2.

Based on my knowledge, this report does not contain any untrue statement of amaterial fact or omit to state a

material fact necessary to make the statements made, in light of the circumstancesunder which such statements

were made, not misleading with respect to the period covered by this report;

3.

Based on my knowledge, the financial statements, and other financial informationincluded in this report, fairly present

in all material respects the financial condition, results of operations andcash flows of the registrant as of, and for, the

periods presented in this report;

4.

The registrant's other certifying officer and I are responsible for establishing and maintainingdisclosure controls and

procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internalcontrol over financial reporting

(as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrantand have:

a)

designed such disclosure controls and procedures, or caused such disclosurecontrols and procedures to be

designed under our supervision, to ensure that material information relating to theregistrant, including its

consolidated subsidiaries, is made known to us by others within those entities,particularly during the period in

which this report is being prepared;

b)

designed such internal control over financial reporting, or caused such internalcontrol over financial reporting to

be designed under our supervision, to provide reasonable assurance regarding thereliability of financial

reporting and the preparation of financial statements for external purposes in accordancewith generally

accepted accounting principles;

c)

evaluated the effectiveness of the registrant's disclosure controls and procedures andpresented in this report

our conclusions about the effectiveness of the disclosure controls and procedures, asof the end of the period

covered by this report based on such evaluation; and

d)

disclosed in this report any change in the registrant’s internal control over financialreporting that occurred during

the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report)

that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over

financial reporting; and

5.

The registrant's other certifying officer and I have disclosed, based on our most recent evaluationof internal control

over financial reporting, to the registrant's auditors and the audit committeeof the registrant's board of directors (or

persons performing equivalent functions):

a)

all significant deficiencies and material weakness in the design or operationof internal control over financial

reporting which are reasonably likely to adversely affect the registrant's ability to record,process, summarize

and report financial information; and

b)

any fraud, whether or not material, that involves management or other employeeswho have a significant role in

the registrant's internal control over financial reporting.

Date: May 13, 2022

/s/ Robert E. Cauley

Robert E. Cauley

Chairman of the Board and Chief Executive Officer