diff --git a/CHANGELOG.md b/CHANGELOG.md
index 708fdd7c..cb85ef99 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,10 +15,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Bug Fixes
 
-## [0.5.4] - Unreleased
+## [0.5.4] - 2020-12-10
 
 ## Changes
 
+- [#344](https://github.com/ClementTsang/bottom/pull/344): Removed the `--debug` option for now.
+
 ## Bug Fixes
 
 - [#344](https://github.com/ClementTsang/bottom/pull/344): Fixes a performance regression causing high memory and CPU usage over time.
diff --git a/Cargo.lock b/Cargo.lock
index 11b7aeda..0a59dc1a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -108,7 +108,7 @@ checksum = "cf1de2fe8c75bc145a2f577add951f8134889b4795d47466a54a5c846d691693"
 
 [[package]]
 name = "bottom"
-version = "0.5.3"
+version = "0.5.4"
 dependencies = [
  "anyhow",
  "assert_cmd",
diff --git a/Cargo.toml b/Cargo.toml
index 91c879b4..2865c5c8 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "bottom"
-version = "0.5.3"
+version = "0.5.4"
 authors = ["Clement Tsang <cjhtsang@uwaterloo.ca>"]
 edition = "2018"
 repository = "https://github.com/ClementTsang/bottom"
diff --git a/README.md b/README.md
index 22051656..661e473f 100644
--- a/README.md
+++ b/README.md
@@ -87,8 +87,8 @@ cd bottom
 cargo install --path .
 
 # Download from releases and install
-curl -LO https://github.com/ClementTsang/bottom/archive/0.5.3.tar.gz
-tar -xzvf 0.5.3.tar.gz
+curl -LO https://github.com/ClementTsang/bottom/archive/0.5.4.tar.gz
+tar -xzvf 0.5.4.tar.gz
 cargo install --path .
 ```
 
@@ -120,8 +120,8 @@ yay -S bottom-bin
 A `.deb` file is provided on each [release](https://github.com/ClementTsang/bottom/releases/latest):
 
 ```bash
-curl -LO https://github.com/ClementTsang/bottom/releases/download/0.5.3/bottom_0.5.3_amd64.deb
-sudo dpkg -i bottom_0.5.3_amd64.deb
+curl -LO https://github.com/ClementTsang/bottom/releases/download/0.5.4/bottom_0.5.4_amd64.deb
+sudo dpkg -i bottom_0.5.4_amd64.deb
 ```
 
 ### Fedora/CentOS
@@ -175,7 +175,7 @@ to appear.
 choco install bottom
 
 # Version number may be required for newer releases, if available:
-choco install bottom --version=0.5.3
+choco install bottom --version=0.5.4
 ```
 
 ### winget