diff --git a/kevm-pyk/pyproject.toml b/kevm-pyk/pyproject.toml
index 7b39788676..436dc5905a 100644
--- a/kevm-pyk/pyproject.toml
+++ b/kevm-pyk/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "poetry.core.masonry.api"
 
 [tool.poetry]
 name = "kevm-pyk"
-version = "1.0.505"
+version = "1.0.506"
 description = ""
 authors = [
     "Runtime Verification, Inc. <contact@runtimeverification.com>",
diff --git a/kevm-pyk/src/kevm_pyk/__init__.py b/kevm-pyk/src/kevm_pyk/__init__.py
index 5d9f636efe..a0b7623b76 100644
--- a/kevm-pyk/src/kevm_pyk/__init__.py
+++ b/kevm-pyk/src/kevm_pyk/__init__.py
@@ -6,4 +6,4 @@
     from typing import Final
 
 
-VERSION: Final = '1.0.505'
+VERSION: Final = '1.0.506'
diff --git a/package/version b/package/version
index 57f7ead731..2248e4535f 100644
--- a/package/version
+++ b/package/version
@@ -1 +1 @@
-1.0.505
+1.0.506