diff --git a/VERSION b/VERSION
index b9f8bf285..f582b2375 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.0.0.dev
\ No newline at end of file
+0.0.1.dev
\ No newline at end of file
diff --git a/python/bitblas/__init__.py b/python/bitblas/__init__.py
index 41606e006..0d9dbcc80 100644
--- a/python/bitblas/__init__.py
+++ b/python/bitblas/__init__.py
@@ -81,4 +81,4 @@ def _init_logger():
 
 _init_logger()
 
-__version__ = "0.0.1"
+__version__ = "0.0.1.dev1"