diff --git a/CHANGELOG.md b/CHANGELOG.md
index dadde5233..85ec4685b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## 9.23.1 /2026-06-25
+
+## What's Changed
+* Update: Drand package by @ibraheem-abe in https://github.com/latent-to/btcli/pull/1022
+
+**Full Changelog**: https://github.com/latent-to/btcli/compare/v9.23.0...v9.23.1
+
 ## 9.23.0 /2026-06-25
 
 ## What's Changed
diff --git a/pyproject.toml b/pyproject.toml
index 3b31c130c..067d4088c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "flit_core.buildapi"
 
 [project]
 name = "bittensor-cli"
-version = "9.23.0"
+version = "9.23.1"
 description = "Bittensor CLI"
 readme = "README.md"
 authors = [
@@ -30,7 +30,7 @@ classifiers = [
 dependencies = [
     "async-substrate-interface>=2.0.4,<3.0.0",
     "aiohttp~=3.13",
-    "bittensor-drand>=1.3.0,<2.0.0",
+    "bittensor-drand>=2.0.0,<3.0.0",
     "GitPython>=3.0.0",
     "netaddr~=1.3.0",
     "Jinja2",