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  <xsd:element id="bmnm_IntangibleAssetFinitelivedEstimatedAmortizationExpenseAfterYearFour" name="IntangibleAssetFinitelivedEstimatedAmortizationExpenseAfterYearFour" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element id="bmnm_IntercompanyExpenses" name="IntercompanyExpenses" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_InvestmentAdvisoryFeesMember" name="InvestmentAdvisoryFeesMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_InvestmentOwnedParValue" name="InvestmentOwnedParValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="bmnm_InvestmentPortfolioMember" name="InvestmentPortfolioMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_InvestmentSalesCarryingValue" name="InvestmentSalesCarryingValue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_JuniorSubordinatedDebtSecuritiesMember" name="JuniorSubordinatedDebtSecuritiesMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_LongtermDebtMaturityAfterYearFour" name="LongtermDebtMaturityAfterYearFour" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="instant"/>
  <xsd:element id="bmnm_LossOnSaleOfInvestment" name="LossOnSaleOfInvestment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ManagementAgreementExtensionPeriod" name="ManagementAgreementExtensionPeriod" nillable="true" substitutionGroup="xbrli:item" type="xbrli:durationItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ManagementAgreementTerminationFeeMultipliedByAverageManagementFee" name="ManagementAgreementTerminationFeeMultipliedByAverageManagementFee" nillable="true" substitutionGroup="xbrli:item" type="xbrli:pureItemType" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="bmnm_ModelProgramsMember" name="ModelProgramsMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_MonthlyManagementFeeCalculationMultiplierToPercentageOfEquity" name="MonthlyManagementFeeCalculationMultiplierToPercentageOfEquity" nillable="true" substitutionGroup="xbrli:item" type="xbrli:decimalItemType" xbrli:periodType="instant"/>
  <xsd:element id="bmnm_MonthlyManagementFeePercentageOfEquityBetween250And500Million" name="MonthlyManagementFeePercentageOfEquityBetween250And500Million" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="instant"/>
  <xsd:element id="bmnm_MonthlyManagementFeePercentageOfEquityFirst250Million" name="MonthlyManagementFeePercentageOfEquityFirst250Million" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="instant"/>
  <xsd:element id="bmnm_MonthlyManagementFeePercentageOfEquityOver500Million" name="MonthlyManagementFeePercentageOfEquityOver500Million" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="instant"/>
  <xsd:element abstract="true" id="bmnm_NetAmountOfLiabilitiesMember" name="NetAmountOfLiabilitiesMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_NetAmountOfLiabilitiesPresentedInTheBalanceSheetMember" name="NetAmountOfLiabilitiesPresentedInTheBalanceSheetMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_NetSegmentRevenue" name="NetSegmentRevenue" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_NoteToFinancialStatementDetailsTextual" name="NoteToFinancialStatementDetailsTextual" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_NotesToFinancialStatements" name="NotesToFinancialStatements" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_NotesToFinancialStatementsAbstract" name="NotesToFinancialStatementsAbstract" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_OfficeFurnitureAndEquipmentMember" name="OfficeFurnitureAndEquipmentMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_OffsettingAssetsAndLiabilitiesTextBlock" name="OffsettingAssetsAndLiabilitiesTextBlock" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_OrchidIslandCapitalMember" name="OrchidIslandCapitalMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_PassThroughCertificateMember" name="PassThroughCertificateMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_PaymentsForSecuritiesSoldUnderAgreementsToRepurchase" name="PaymentsForSecuritiesSoldUnderAgreementsToRepurchase" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_PledgedAssetsTextblock" name="PledgedAssetsTextblock" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_PolicyTable" name="PolicyTable" nillable="true" substitutionGroup="xbrldt:hypercubeItem" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_PreferredUndesignatedMember" name="PreferredUndesignatedMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ProceedsFromPrincipalRepaymentsOnInvestments" name="ProceedsFromPrincipalRepaymentsOnInvestments" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ProceedsFromSalesOfInvestments" name="ProceedsFromSalesOfInvestments" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase" name="ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="debit" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_RedeemableNoncontrollingInterestCashRedemptionPercent" name="RedeemableNoncontrollingInterestCashRedemptionPercent" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_RedeemableNoncontrollingInterestPromissoryNoteRedemptionPercent" name="RedeemableNoncontrollingInterestPromissoryNoteRedemptionPercent" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:percentItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_ReitManagementFeesMember" name="ReitManagementFeesMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_RepurchaseClearingAndAdministrativeFeeMember" name="RepurchaseClearingAndAdministrativeFeeMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_ScheduleOfAdvisoryFeeIncomeTableTextBlock" name="ScheduleOfAdvisoryFeeIncomeTableTextBlock" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:textBlockItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_SubadvisoryProgramsMember" name="SubadvisoryProgramsMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_The2026RepurchasePlanMember" name="The2026RepurchasePlanMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_TomJohnsonInvestmentManagementAssetManagementMember" name="TomJohnsonInvestmentManagementAssetManagementMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_TomJohnsonInvestmentManagementLlcTjimMember" name="TomJohnsonInvestmentManagementLlcTjimMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_TotalRevenues" name="TotalRevenues" nillable="true" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType" xbrli:balance="credit" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_USTreasurySecuritiesInterestRateMember" name="USTreasurySecuritiesInterestRateMember" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_UsTreasuryNote075MaturingAugust312026Member" name="UsTreasuryNote075MaturingAugust312026Member" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_UsTreasuryNote1375MaturingAugust312026Member" name="UsTreasuryNote1375MaturingAugust312026Member" nillable="true" substitutionGroup="xbrli:item" type="dtr-types:domainItemType" xbrli:periodType="duration"/>
  <xsd:element id="bmnm_WeightedAverageNumberOfSharesOutstandingBasicAdjustment" name="WeightedAverageNumberOfSharesOutstandingBasicAdjustment" nillable="true" substitutionGroup="xbrli:item" type="xbrli:sharesItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-1-organization-and-significant-accounting-policies-summary-of-cash-cash-equivalents-and-restricted-cash-details" name="statement-statement-note-1-organization-and-significant-accounting-policies-summary-of-cash-cash-equivalents-and-restricted-cash-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-1-organization-and-significant-accounting-policies-tables" name="statement-statement-note-1-organization-and-significant-accounting-policies-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-12-earnings-per-share-schedule-of-earnings-per-share-details" name="statement-statement-note-12-earnings-per-share-schedule-of-earnings-per-share-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-12-earnings-per-share-tables" name="statement-statement-note-12-earnings-per-share-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-13-fair-value-schedule-of-fair-value-assets-and-liabilities-measured-on-recurring-basis-details" name="statement-statement-note-13-fair-value-schedule-of-fair-value-assets-and-liabilities-measured-on-recurring-basis-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-13-fair-value-tables" name="statement-statement-note-13-fair-value-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-14-segment-information-assets-in-each-reportable-segment-details" name="statement-statement-note-14-segment-information-assets-in-each-reportable-segment-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-14-segment-information-schedule-of-segment-information-details" name="statement-statement-note-14-segment-information-schedule-of-segment-information-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-14-segment-information-tables" name="statement-statement-note-14-segment-information-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-16-business-combinations-assets-acquired-and-liabilities-assumed-details" name="statement-statement-note-16-business-combinations-assets-acquired-and-liabilities-assumed-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-16-business-combinations-pro-forma-information-details" name="statement-statement-note-16-business-combinations-pro-forma-information-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-16-business-combinations-purchase-consideration-details" name="statement-statement-note-16-business-combinations-purchase-consideration-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-16-business-combinations-tables" name="statement-statement-note-16-business-combinations-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-2-advisory-services-advisory-service-revenue-details" name="statement-statement-note-2-advisory-services-advisory-service-revenue-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-2-advisory-services-bimini-advisors-tables" name="statement-statement-note-2-advisory-services-bimini-advisors-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-mbs-portfolio-details" name="statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-mbs-portfolio-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-net-gain-loss-from-sale-of-mbs-details" name="statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-net-gain-loss-from-sale-of-mbs-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-tables" name="statement-statement-note-3-mortgagebacked-securities-and-us-treasury-notes-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-3-mortgagebacked-securities-treasury-note-portfolio-details" name="statement-statement-note-3-mortgagebacked-securities-treasury-note-portfolio-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-3-mortgagebacked-securities-treasury-note-portfolio-details-parentheticals" name="statement-statement-note-3-mortgagebacked-securities-treasury-note-portfolio-details-parentheticals" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-4-repurchase-agreements-schedule-of-repurchase-agreements-details" name="statement-statement-note-4-repurchase-agreements-schedule-of-repurchase-agreements-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-4-repurchase-agreements-tables" name="statement-statement-note-4-repurchase-agreements-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-5-pledged-assets-schedule-of-financial-instruments-owned-and-pledged-as-collateral-details" name="statement-statement-note-5-pledged-assets-schedule-of-financial-instruments-owned-and-pledged-as-collateral-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-5-pledged-assets-tables" name="statement-statement-note-5-pledged-assets-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-6-offsetting-assets-and-liabilities-offsetting-of-liabilities-details" name="statement-statement-note-6-offsetting-assets-and-liabilities-offsetting-of-liabilities-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-6-offsetting-assets-and-liabilities-tables" name="statement-statement-note-6-offsetting-assets-and-liabilities-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-7-intangibles-and-goodwill-schedule-of-future-amortization-details" name="statement-statement-note-7-intangibles-and-goodwill-schedule-of-future-amortization-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-7-intangibles-and-goodwill-schedule-of-intangible-assets-details" name="statement-statement-note-7-intangibles-and-goodwill-schedule-of-intangible-assets-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-7-intangibles-and-goodwill-tables" name="statement-statement-note-7-intangibles-and-goodwill-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-8-longterm-debt-future-scheduled-principal-payments-on-longterm-debt-details" name="statement-statement-note-8-longterm-debt-future-scheduled-principal-payments-on-longterm-debt-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-8-longterm-debt-schedule-of-debt-details" name="statement-statement-note-8-longterm-debt-schedule-of-debt-details" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-note-8-longterm-debt-tables" name="statement-statement-note-8-longterm-debt-tables" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
  <xsd:element abstract="true" id="bmnm_statement-statement-significant-accounting-policies-policies" name="statement-statement-significant-accounting-policies-policies" nillable="true" substitutionGroup="xbrli:item" type="xbrli:stringItemType" xbrli:periodType="duration"/>
</xsd:schema>
