diff --git a/Makefile b/Makefile
index 2112acd..207b06d 100644
--- a/Makefile
+++ b/Makefile
@@ -257,7 +257,7 @@ info:
 	@echo "  Docker:       $(shell docker --version 2>/dev/null || echo 'not found')"
 
 # ---------- Release Management ----------
-VERSION := $(shell grep -oP "VERSION = \"\K[^\"]+" src/pyhdwallet.py || echo "v1.1.0")
+VERSION := $(shell grep 'VERSION = ' src/pyhdwallet.py | head -1 | sed 's/.*"\(.*\)".*/\1/' || echo "v1.1.0")
 RELEASE_DIR := releases/$(VERSION)
 
 .PHONY: release-prep