diff --git a/contract/Cargo.lock b/contract/Cargo.lock
index a3c78df..97b81df 100644
--- a/contract/Cargo.lock
+++ b/contract/Cargo.lock
@@ -363,7 +363,7 @@ dependencies = [
 
 [[package]]
 name = "btc-light-client-contract"
-version = "0.5.0"
+version = "0.5.1"
 dependencies = [
  "base64 0.22.1",
  "bitcoin",
diff --git a/contract/Cargo.toml b/contract/Cargo.toml
index 06188d2..bcc4d98 100644
--- a/contract/Cargo.toml
+++ b/contract/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "btc-light-client-contract"
 description = "Bitcoin Light Client Contract"
-version = "0.5.0"
+version = "0.5.1"
 edition = "2021"
 repository = "https://github.com/Near-One/btc-light-client-contract"