diff --git a/Cargo.lock b/Cargo.lock
index 0e69f4638..db77bb697 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2764,9 +2764,9 @@ dependencies = [
 
 [[package]]
 name = "itoa"
-version = "1.0.15"
+version = "1.0.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4a5f13b858c8d314ee3e8f639011f7ccefe71f97f96e50151fb991f267928e2c"
+checksum = "7ee5b5339afb4c41626dde77b7a611bd4f2c202b897852b4bcf5d03eddc61010"
 
 [[package]]
 name = "jiff"
diff --git a/crates/brk_types/Cargo.toml b/crates/brk_types/Cargo.toml
index f4fef6e81..6610b9b3a 100644
--- a/crates/brk_types/Cargo.toml
+++ b/crates/brk_types/Cargo.toml
@@ -13,7 +13,7 @@ bitcoin = { workspace = true }
 brk_error = { workspace = true }
 byteview = { workspace = true }
 derive_deref = { workspace = true }
-itoa = "1.0.15"
+itoa = "1.0.16"
 jiff = { workspace = true }
 num_enum = "0.7.5"
 rapidhash = "4.2.0"
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 682fcc0cb..f19782d3c 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1 +1,2 @@
-"1.92"
+[toolchain]
+channel = "1.92.0"
diff --git a/scripts/update.sh b/scripts/update.sh
index 2fbdb2286..58ae7e89b 100755
--- a/scripts/update.sh
+++ b/scripts/update.sh
@@ -1,7 +1,18 @@
 #!/usr/bin/env bash
+set -e
+
+SCRIPT_DIR="$(cd "$(dirname "$0")" && pwd)"
+TOOLCHAIN_FILE="$SCRIPT_DIR/../rust-toolchain.toml"
+
+rustup update
+
+# Update rust-toolchain.toml with current stable version
+RUST_VERSION=$(rustup run stable rustc --version | awk '{print $2}')
+echo "[toolchain]" > "$TOOLCHAIN_FILE"
+echo "channel = \"$RUST_VERSION\"" >> "$TOOLCHAIN_FILE"
+echo "Updated rust-toolchain.toml to $RUST_VERSION"
 
 cargo clean
-rustup update
 cargo upgrade --incompatible
 cargo update
 cargo build --package brk