diff --git a/ext/openssl/History.md b/ext/openssl/History.md
index f54e0984e3..a4f6bd7fd6 100644
--- a/ext/openssl/History.md
+++ b/ext/openssl/History.md
@@ -1,3 +1,27 @@
+Version 3.0.1
+=============
+
+Merged changes in 2.1.4 and 2.2.2. Additionally, the following issues are fixed
+by this release.
+
+Bug fixes
+---------
+
+* Add missing type check in OpenSSL::PKey::PKey#sign's optional parameters.
+  [[GitHub #531]](https://github.com/ruby/openssl/pull/531)
+* Work around OpenSSL 3.0's HMAC issues with a zero-length key.
+  [[GitHub #538]](https://github.com/ruby/openssl/pull/538)
+* Fix a regression in OpenSSL::PKey::DSA.generate's default of 'q' size.
+  [[GitHub #483]](https://github.com/ruby/openssl/issues/483)
+  [[GitHub #539]](https://github.com/ruby/openssl/pull/539)
+* Restore OpenSSL::PKey.read's ability to decode "openssl ecparam -genkey"
+  output when linked against OpenSSL 3.0.
+  [[GitHub #535]](https://github.com/ruby/openssl/pull/535)
+  [[GitHub #540]](https://github.com/ruby/openssl/pull/540)
+* Restore error checks in OpenSSL::PKey::EC#{to_der,to_pem}.
+  [[GitHub #541]](https://github.com/ruby/openssl/pull/541)
+
+
 Version 3.0.0
 =============
 
diff --git a/ext/openssl/lib/openssl/version.rb b/ext/openssl/lib/openssl/version.rb
index 5e60604353..b9e8444d4d 100644
--- a/ext/openssl/lib/openssl/version.rb
+++ b/ext/openssl/lib/openssl/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module OpenSSL
-  VERSION = "3.0.0"
+  VERSION = "3.0.1"
 end
diff --git a/ext/openssl/openssl.gemspec b/ext/openssl/openssl.gemspec
index c6cd818336..1c13505b97 100644
--- a/ext/openssl/openssl.gemspec
+++ b/ext/openssl/openssl.gemspec
@@ -1,6 +1,6 @@
 Gem::Specification.new do |spec|
   spec.name          = "openssl"
-  spec.version       = "3.0.0"
+  spec.version       = "3.0.1"
   spec.authors       = ["Martin Bosslet", "SHIBATA Hiroshi", "Zachary Scott", "Kazuki Yamaguchi"]
   spec.email         = ["ruby-core@ruby-lang.org"]
   spec.summary       = %q{OpenSSL provides SSL, TLS and general purpose cryptography.}