diff --git a/apps/bitmagnet/config.json b/apps/bitmagnet/config.json
index 19b34956..aa6e5607 100644
--- a/apps/bitmagnet/config.json
+++ b/apps/bitmagnet/config.json
@@ -5,8 +5,8 @@
   "available": true,
   "exposable": true,
   "id": "bitmagnet",
-  "tipi_version": 2,
-  "version": "0.3.1",
+  "tipi_version": 3,
+  "version": "0.4.0",
   "categories": [
     "media"
   ],
diff --git a/apps/bitmagnet/docker-compose.yml b/apps/bitmagnet/docker-compose.yml
index 79523592..84722034 100644
--- a/apps/bitmagnet/docker-compose.yml
+++ b/apps/bitmagnet/docker-compose.yml
@@ -2,7 +2,7 @@ version: "3.7"
 
 services:
   bitmagnet:
-    image: ghcr.io/bitmagnet-io/bitmagnet:0.3.1
+    image: ghcr.io/bitmagnet-io/bitmagnet:0.4.0
     restart: unless-stopped
     command:
       - worker