diff --git a/RELEASE-NOTES.md b/RELEASE-NOTES.md
index b5f3ccff40..bb53c69935 100644
--- a/RELEASE-NOTES.md
+++ b/RELEASE-NOTES.md
@@ -23,6 +23,16 @@
 ## Fixes and improvements
 * Fixed crashes with older x86_64 Intel CPUs.
 
+# v3.2.1
+## Backward incompatibility
+
+## Deprecations
+
+## New additions
+
+## Fixes and improvements
+* Fixed crashes with older x86_64 Intel CPUs.
+
 # v3.2.0
 
 ## Deprecations
diff --git a/src/snowflake/cli/__about__.py b/src/snowflake/cli/__about__.py
index 980da9515b..503896d325 100644
--- a/src/snowflake/cli/__about__.py
+++ b/src/snowflake/cli/__about__.py
@@ -14,4 +14,4 @@
 
 from __future__ import annotations
 
-VERSION = "3.2.0"
+VERSION = "3.2.1"
diff --git a/tests_e2e/__snapshots__/test_installation.ambr b/tests_e2e/__snapshots__/test_installation.ambr
index 9c96ecf04c..b3dc906af8 100644
--- a/tests_e2e/__snapshots__/test_installation.ambr
+++ b/tests_e2e/__snapshots__/test_installation.ambr
@@ -14,7 +14,7 @@
                                                                                   
    Usage: snow [OPTIONS] COMMAND [ARGS]...                                        
                                                                                   
-   Snowflake CLI tool for developers [v3.2.0]                                     
+   Snowflake CLI tool for developers [v3.2.1]                                     
                                                                                   
   +- Options --------------------------------------------------------------------+
   | --version                           Shows version of the Snowflake CLI       |