diff --git a/Releases.md b/Releases.md
index 44cc2cf0ea7d..913648a5fc51 100644
--- a/Releases.md
+++ b/Releases.md
@@ -1,3 +1,18 @@
+### 0.98.0 / 2021.06.08
+
+- feat(async): add async/tee (#919)
+- feat(async/mux): take AsyncIterable as source iterator (#923)
+- feat(io/bufio): add encoding options to `readLines` and `readStringDelim`
+  (#921)
+- feat(node/perf_hooks): add perf_hooks module (#945)
+- fix(encoding/binary): allow getNBytes to read until EOF (#932)
+- fix(encoding/binary): respect non 0 byte offsets (#826)
+- fix(node/events): fix EventEmitter#once to pass native node tests (#935)
+- fix(node/events): fix getMaxListeners and setMaxListeners to pass native node
+  tests (#928)
+- fix(node/fs): fix type error in fs.watch impl (#947)
+- fix(testing/asserts): fix handling of Weak* objects (#951)
+
 ### 0.97.0 / 2021.05.17
 
 - fix(io/buffer): make Buffer compatible with Deploy (#912)
diff --git a/version.ts b/version.ts
index 65ff6e774787..3f9ba5156234 100644
--- a/version.ts
+++ b/version.ts
@@ -5,4 +5,4 @@
  * the cli's API is stable. In the future when std becomes stable, likely we
  * will match versions with cli as we have in the past.
  */
-export const VERSION = "0.97.0";
+export const VERSION = "0.98.0";