diff --git a/build_msvc/bitcoin_config.h b/build_msvc/bitcoin_config.h
index 60661f121..01c552862 100644
--- a/build_msvc/bitcoin_config.h
+++ b/build_msvc/bitcoin_config.h
@@ -21,7 +21,7 @@
 #define CLIENT_VERSION_MINOR 21
 
 /* Build revision */
-#define CLIENT_VERSION_REVISION 0
+#define CLIENT_VERSION_REVISION 1
 
 /* Copyright holder(s) before %s replacement */
 #define COPYRIGHT_HOLDERS "The %s developers"
@@ -253,7 +253,7 @@
 #define PACKAGE_NAME "Bitcoin Core"
 
 /* Define to the full name and version of this package. */
-#define PACKAGE_STRING "Bitcoin Core 0.21.0"
+#define PACKAGE_STRING "Bitcoin Core 0.21.1"
 
 /* Define to the one symbol short name of this package. */
 #define PACKAGE_TARNAME "bitcoin"
@@ -262,7 +262,7 @@
 #define PACKAGE_URL "https://bitcoincore.org/"
 
 /* Define to the version of this package. */
-#define PACKAGE_VERSION "0.21.0"
+#define PACKAGE_VERSION "0.21.1"
 
 /* Define to necessary symbol if this constant uses a non-standard name on
    your system. */
diff --git a/configure.ac b/configure.ac
index 86e57e5d4..e238c8bd6 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,9 +1,9 @@
 AC_PREREQ([2.69])
 define(_CLIENT_VERSION_MAJOR, 0)
 define(_CLIENT_VERSION_MINOR, 21)
-define(_CLIENT_VERSION_REVISION, 0)
+define(_CLIENT_VERSION_REVISION, 1)
 define(_CLIENT_VERSION_BUILD, 0)
-define(_CLIENT_VERSION_RC, 0)
+define(_CLIENT_VERSION_RC, 1)
 define(_CLIENT_VERSION_IS_RELEASE, true)
 define(_COPYRIGHT_YEAR, 2020)
 define(_COPYRIGHT_HOLDERS,[The %s developers])