diff --git a/package.json b/package.json
index 064f32ee5d..ca74ba0278 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "root",
-  "version": "0.2.0",
+  "version": "0.2.1",
   "private": true,
   "repository": {
     "type": "git",
diff --git a/packages/snap-examples/package.json b/packages/snap-examples/package.json
index 0ac073cd6d..0c32c305bc 100644
--- a/packages/snap-examples/package.json
+++ b/packages/snap-examples/package.json
@@ -30,7 +30,7 @@
     "@metamask/eslint-config-jest": "^8.0.0",
     "@metamask/eslint-config-nodejs": "^8.0.0",
     "@metamask/eslint-config-typescript": "^8.0.0",
-    "@metamask/snaps-cli": "^0.2.0",
+    "@metamask/snaps-cli": "^0.2.1",
     "@types/jest": "^26.0.13",
     "@typescript-eslint/eslint-plugin": "^4.21.0",
     "@typescript-eslint/parser": "^4.21.0",
diff --git a/packages/snaps-cli/CHANGELOG.md b/packages/snaps-cli/CHANGELOG.md
index 5bdf55c93c..8446b9cd92 100644
--- a/packages/snaps-cli/CHANGELOG.md
+++ b/packages/snaps-cli/CHANGELOG.md
@@ -6,6 +6,11 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.2.1]
+### Fixed
+- Snap produced by `mm-snap init` ([#94](https://github.com/MetaMask/snaps-skunkworks/pull/94))
+  - The template used to create the "Hello, world!" snap had become outdated due to a build-time bug.
+
 ## [0.2.0]
 ### Changed
 - Update publish scripts ([#92](https://github.com/MetaMask/snaps-skunkworks/pull/92))
@@ -24,7 +29,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Example snaps ([#72](https://github.com/MetaMask/snaps-skunkworks/pull/72))
   - The examples now live in their own package, [`@metamask/snap-examples`](https://npmjs.com/package/@metamask/snap-examples).
 
-[Unreleased]: https://github.com/MetaMask/snaps-skunkworks/compare/v0.2.0...HEAD
+[Unreleased]: https://github.com/MetaMask/snaps-skunkworks/compare/v0.2.1...HEAD
+[0.2.1]: https://github.com/MetaMask/snaps-skunkworks/compare/v0.2.0...v0.2.1
 [0.2.0]: https://github.com/MetaMask/snaps-skunkworks/compare/v0.1.1...v0.2.0
 [0.1.1]: https://github.com/MetaMask/snaps-skunkworks/compare/v0.1.0...v0.1.1
 [0.1.0]: https://github.com/MetaMask/snaps-skunkworks/releases/tag/v0.1.0
diff --git a/packages/snaps-cli/package.json b/packages/snaps-cli/package.json
index d3d36d1045..171a17fcf3 100644
--- a/packages/snaps-cli/package.json
+++ b/packages/snaps-cli/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/snaps-cli",
-  "version": "0.2.0",
+  "version": "0.2.1",
   "description": "A CLI for developing MetaMask Snaps.",
   "repository": {
     "type": "git",