diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index fee29e3c6c4..19ec7517f0a 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -1,6 +1,8 @@
-
# Upcoming
+
+# 3.8.1
+
- feat: Support for the `{:opaque}` attibute on `const` (https://github.com/dafny-lang/dafny/pull/2545)
- feat: Support for plugin-based code actions on the IDE (https://github.com/dafny-lang/dafny/pull/2021)
- fix: Fixed a crash when parsing `newtype` in the parser (https://github.com/dafny-lang/dafny/pull/2649)
diff --git a/Source/Dafny/DafnyPipeline.csproj b/Source/Dafny/DafnyPipeline.csproj
index 27b066e4033..d378a6e99c9 100644
--- a/Source/Dafny/DafnyPipeline.csproj
+++ b/Source/Dafny/DafnyPipeline.csproj
@@ -17,7 +17,7 @@
false
..\..\Binaries\
TRACE
- 3.8.0.40823
+ 3.8.1.40901
net6.0
MIT
diff --git a/Source/DafnyDriver/DafnyDriver.csproj b/Source/DafnyDriver/DafnyDriver.csproj
index 27bb7ce00b7..21f92512735 100644
--- a/Source/DafnyDriver/DafnyDriver.csproj
+++ b/Source/DafnyDriver/DafnyDriver.csproj
@@ -9,7 +9,7 @@
..\..\Binaries\
false
- 3.8.0.40823
+ 3.8.1.40901
true
dafny
diff --git a/Source/DafnyLanguageServer/DafnyLanguageServer.csproj b/Source/DafnyLanguageServer/DafnyLanguageServer.csproj
index de5cde50ea8..92dbdb80949 100644
--- a/Source/DafnyLanguageServer/DafnyLanguageServer.csproj
+++ b/Source/DafnyLanguageServer/DafnyLanguageServer.csproj
@@ -8,7 +8,7 @@
Microsoft.Dafny.LanguageServer
..\..\Binaries\
true
- 3.8.0.40823
+ 3.8.1.40901
false
diff --git a/Source/version.cs b/Source/version.cs
index 523b7a531f1..4b17594e62f 100644
--- a/Source/version.cs
+++ b/Source/version.cs
@@ -4,5 +4,5 @@
// * Source/DafnyDriver/DafnyDriver.csproj
// * Source/Dafny/DafnyPipeline.csproj
// * Source/DafnyLanguageServer/DafnyLanguageServer.csproj
-[assembly: AssemblyVersion("3.8.0.40823")]
-[assembly: AssemblyFileVersion("3.8.0.40823")]
+[assembly: AssemblyVersion("3.8.1.40901")]
+[assembly: AssemblyFileVersion("3.8.1.40901")]