diff --git a/Cargo.lock b/Cargo.lock
index 539337cdc..50238c891 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -474,7 +474,7 @@ checksum = "c8d4a3bb8b1e0c1050499d1815f5ab16d04f0959b233085fb31653fbfc9d98f9"
 
 [[package]]
 name = "cloud-hypervisor"
-version = "53.0.0"
+version = "54.0.0"
 dependencies = [
  "api_client",
  "block",
diff --git a/cloud-hypervisor/Cargo.toml b/cloud-hypervisor/Cargo.toml
index 24586ed04..71303eece 100644
--- a/cloud-hypervisor/Cargo.toml
+++ b/cloud-hypervisor/Cargo.toml
@@ -8,7 +8,7 @@ homepage = "https://github.com/cloud-hypervisor/cloud-hypervisor"
 license = "Apache-2.0 AND BSD-3-Clause"
 name = "cloud-hypervisor"
 rust-version.workspace = true
-version = "53.0.0"
+version = "54.0.0"
 
 [dependencies]
 api_client = { path = "../api_client" }