---
schema_version: "secwatch.filing_event.v1"
accession: "0001275477-21-000007"
form_type: "8-K"
ticker: "BMNM"
cik: "0001275477"
company_name: "BIMINI CAPITAL MANAGEMENT, INC."
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T12:29:16.485829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bimini Capital Q2 net loss $0.9M; book value $3.00; July tender offer repurchased 812,879 shares

## Summary
- Net loss of $0.9M ($0.08 diluted EPS) vs. net income of $3.5M ($0.30 EPS) in Q2 2020.
- Book value per share $3.00 at June 30, 2021, vs. $2.97 at Dec 31, 2020.
- Advisory services revenue from managing Orchid rose 35% YoY to $2.2M.
- Completed $1.5M modified Dutch auction tender offer in July 2021 at $1.85 per share for 812,879 shares.
- MBS portfolio return on invested capital 0.4% for Q2; 3-month CPR was 21.9%.

## SEC filing metadata
- accession: 0001275477-21-000007
- form_type: 8-K
- ticker: BMNM
- cik: 0001275477
- company_name: BIMINI CAPITAL MANAGEMENT, INC.
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275477/000127547721000007/0001275477-21-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275477/000127547721000007/bmnm8k20210812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275477-21-000007
- JSON: https://secwatch.observer/filing/0001275477-21-000007.json
- Plain text: https://secwatch.observer/filing/0001275477-21-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.