diff --git a/k8s/crds/kops.k8s.io_clusters.yaml b/k8s/crds/kops.k8s.io_clusters.yaml
index 01be7bae6b..9e55c32641 100644
--- a/k8s/crds/kops.k8s.io_clusters.yaml
+++ b/k8s/crds/kops.k8s.io_clusters.yaml
@@ -438,6 +438,8 @@ spec:
                             type: boolean
                           ignore-volume-az:
                             type: boolean
+                          ignore-volume-microversion:
+                            type: boolean
                           override-volume-az:
                             type: string
                         type: object
diff --git a/pkg/apis/kops/componentconfig.go b/pkg/apis/kops/componentconfig.go
index 6873f5fc81..3809eccbff 100644
--- a/pkg/apis/kops/componentconfig.go
+++ b/pkg/apis/kops/componentconfig.go
@@ -782,9 +782,10 @@ type OpenstackLoadbalancerConfig struct {
 }
 
 type OpenstackBlockStorageConfig struct {
-	Version    *string `json:"bs-version,omitempty"`
-	IgnoreAZ   *bool   `json:"ignore-volume-az,omitempty"`
-	OverrideAZ *string `json:"override-volume-az,omitempty"`
+	Version                  *string `json:"bs-version,omitempty"`
+	IgnoreAZ                 *bool   `json:"ignore-volume-az,omitempty"`
+	OverrideAZ               *string `json:"override-volume-az,omitempty"`
+	IgnoreVolumeMicroVersion *bool   `json:"ignore-volume-microversion,omitempty"`
 	// CreateStorageClass provisions a default class for the Cinder plugin
 	CreateStorageClass *bool  `json:"createStorageClass,omitempty"`
 	CSIPluginImage     string `json:"csiPluginImage,omitempty"`
diff --git a/pkg/apis/kops/v1alpha2/componentconfig.go b/pkg/apis/kops/v1alpha2/componentconfig.go
index bc00b62553..8a9e3105cd 100644
--- a/pkg/apis/kops/v1alpha2/componentconfig.go
+++ b/pkg/apis/kops/v1alpha2/componentconfig.go
@@ -788,9 +788,10 @@ type OpenstackLoadbalancerConfig struct {
 }
 
 type OpenstackBlockStorageConfig struct {
-	Version    *string `json:"bs-version,omitempty"`
-	IgnoreAZ   *bool   `json:"ignore-volume-az,omitempty"`
-	OverrideAZ *string `json:"override-volume-az,omitempty"`
+	Version                  *string `json:"bs-version,omitempty"`
+	IgnoreAZ                 *bool   `json:"ignore-volume-az,omitempty"`
+	OverrideAZ               *string `json:"override-volume-az,omitempty"`
+	IgnoreVolumeMicroVersion *bool   `json:"ignore-volume-microversion,omitempty"`
 	// CreateStorageClass provisions a default class for the Cinder plugin
 	CreateStorageClass *bool  `json:"createStorageClass,omitempty"`
 	CSIPluginImage     string `json:"csiPluginImage,omitempty"`
diff --git a/pkg/apis/kops/v1alpha2/zz_generated.conversion.go b/pkg/apis/kops/v1alpha2/zz_generated.conversion.go
index 2e9affd9f7..c562439460 100644
--- a/pkg/apis/kops/v1alpha2/zz_generated.conversion.go
+++ b/pkg/apis/kops/v1alpha2/zz_generated.conversion.go
@@ -6416,6 +6416,7 @@ func autoConvert_v1alpha2_OpenstackBlockStorageConfig_To_kops_OpenstackBlockStor
 	out.Version = in.Version
 	out.IgnoreAZ = in.IgnoreAZ
 	out.OverrideAZ = in.OverrideAZ
+	out.IgnoreVolumeMicroVersion = in.IgnoreVolumeMicroVersion
 	out.CreateStorageClass = in.CreateStorageClass
 	out.CSIPluginImage = in.CSIPluginImage
 	out.CSITopologySupport = in.CSITopologySupport
@@ -6431,6 +6432,7 @@ func autoConvert_kops_OpenstackBlockStorageConfig_To_v1alpha2_OpenstackBlockStor
 	out.Version = in.Version
 	out.IgnoreAZ = in.IgnoreAZ
 	out.OverrideAZ = in.OverrideAZ
+	out.IgnoreVolumeMicroVersion = in.IgnoreVolumeMicroVersion
 	out.CreateStorageClass = in.CreateStorageClass
 	out.CSIPluginImage = in.CSIPluginImage
 	out.CSITopologySupport = in.CSITopologySupport
diff --git a/pkg/apis/kops/v1alpha2/zz_generated.deepcopy.go b/pkg/apis/kops/v1alpha2/zz_generated.deepcopy.go
index 0600acd260..c0d4671535 100644
--- a/pkg/apis/kops/v1alpha2/zz_generated.deepcopy.go
+++ b/pkg/apis/kops/v1alpha2/zz_generated.deepcopy.go
@@ -4695,6 +4695,11 @@ func (in *OpenstackBlockStorageConfig) DeepCopyInto(out *OpenstackBlockStorageCo
 		*out = new(string)
 		**out = **in
 	}
+	if in.IgnoreVolumeMicroVersion != nil {
+		in, out := &in.IgnoreVolumeMicroVersion, &out.IgnoreVolumeMicroVersion
+		*out = new(bool)
+		**out = **in
+	}
 	if in.CreateStorageClass != nil {
 		in, out := &in.CreateStorageClass, &out.CreateStorageClass
 		*out = new(bool)
diff --git a/pkg/apis/kops/v1alpha3/componentconfig.go b/pkg/apis/kops/v1alpha3/componentconfig.go
index 836bceef01..cf17cb3892 100644
--- a/pkg/apis/kops/v1alpha3/componentconfig.go
+++ b/pkg/apis/kops/v1alpha3/componentconfig.go
@@ -779,9 +779,10 @@ type OpenstackLoadbalancerConfig struct {
 }
 
 type OpenstackBlockStorageConfig struct {
-	Version    *string `json:"bs-version,omitempty"`
-	IgnoreAZ   *bool   `json:"ignore-volume-az,omitempty"`
-	OverrideAZ *string `json:"override-volume-az,omitempty"`
+	Version                  *string `json:"bs-version,omitempty"`
+	IgnoreAZ                 *bool   `json:"ignore-volume-az,omitempty"`
+	OverrideAZ               *string `json:"override-volume-az,omitempty"`
+	IgnoreVolumeMicroVersion *bool   `json:"ignore-volume-microversion,omitempty"`
 	// CreateStorageClass provisions a default class for the Cinder plugin
 	CreateStorageClass *bool  `json:"createStorageClass,omitempty"`
 	CSIPluginImage     string `json:"csiPluginImage,omitempty"`
diff --git a/pkg/apis/kops/v1alpha3/zz_generated.conversion.go b/pkg/apis/kops/v1alpha3/zz_generated.conversion.go
index 88cc17b5ce..2acc378689 100644
--- a/pkg/apis/kops/v1alpha3/zz_generated.conversion.go
+++ b/pkg/apis/kops/v1alpha3/zz_generated.conversion.go
@@ -6665,6 +6665,7 @@ func autoConvert_v1alpha3_OpenstackBlockStorageConfig_To_kops_OpenstackBlockStor
 	out.Version = in.Version
 	out.IgnoreAZ = in.IgnoreAZ
 	out.OverrideAZ = in.OverrideAZ
+	out.IgnoreVolumeMicroVersion = in.IgnoreVolumeMicroVersion
 	out.CreateStorageClass = in.CreateStorageClass
 	out.CSIPluginImage = in.CSIPluginImage
 	out.CSITopologySupport = in.CSITopologySupport
@@ -6680,6 +6681,7 @@ func autoConvert_kops_OpenstackBlockStorageConfig_To_v1alpha3_OpenstackBlockStor
 	out.Version = in.Version
 	out.IgnoreAZ = in.IgnoreAZ
 	out.OverrideAZ = in.OverrideAZ
+	out.IgnoreVolumeMicroVersion = in.IgnoreVolumeMicroVersion
 	out.CreateStorageClass = in.CreateStorageClass
 	out.CSIPluginImage = in.CSIPluginImage
 	out.CSITopologySupport = in.CSITopologySupport
diff --git a/pkg/apis/kops/v1alpha3/zz_generated.deepcopy.go b/pkg/apis/kops/v1alpha3/zz_generated.deepcopy.go
index 6e083dc953..fb30ad9f19 100644
--- a/pkg/apis/kops/v1alpha3/zz_generated.deepcopy.go
+++ b/pkg/apis/kops/v1alpha3/zz_generated.deepcopy.go
@@ -4616,6 +4616,11 @@ func (in *OpenstackBlockStorageConfig) DeepCopyInto(out *OpenstackBlockStorageCo
 		*out = new(string)
 		**out = **in
 	}
+	if in.IgnoreVolumeMicroVersion != nil {
+		in, out := &in.IgnoreVolumeMicroVersion, &out.IgnoreVolumeMicroVersion
+		*out = new(bool)
+		**out = **in
+	}
 	if in.CreateStorageClass != nil {
 		in, out := &in.CreateStorageClass, &out.CreateStorageClass
 		*out = new(bool)
diff --git a/pkg/apis/kops/zz_generated.deepcopy.go b/pkg/apis/kops/zz_generated.deepcopy.go
index 1376854560..d7fc665efc 100644
--- a/pkg/apis/kops/zz_generated.deepcopy.go
+++ b/pkg/apis/kops/zz_generated.deepcopy.go
@@ -4891,6 +4891,11 @@ func (in *OpenstackBlockStorageConfig) DeepCopyInto(out *OpenstackBlockStorageCo
 		*out = new(string)
 		**out = **in
 	}
+	if in.IgnoreVolumeMicroVersion != nil {
+		in, out := &in.IgnoreVolumeMicroVersion, &out.IgnoreVolumeMicroVersion
+		*out = new(bool)
+		**out = **in
+	}
 	if in.CreateStorageClass != nil {
 		in, out := &in.CreateStorageClass, &out.CreateStorageClass
 		*out = new(bool)
diff --git a/upup/pkg/fi/cloudup/openstack/cloud.go b/upup/pkg/fi/cloudup/openstack/cloud.go
index 719530367f..910c87b27b 100644
--- a/upup/pkg/fi/cloudup/openstack/cloud.go
+++ b/upup/pkg/fi/cloudup/openstack/cloud.go
@@ -888,6 +888,7 @@ func MakeCloudConfig(spec kops.ClusterSpec) []string {
 			"[BlockStorage]",
 			fmt.Sprintf("bs-version=%s", fi.ValueOf(bs.Version)),
 			fmt.Sprintf("ignore-volume-az=%t", fi.ValueOf(bs.IgnoreAZ)),
+			fmt.Sprintf("ignore-volume-microversion=%t", fi.ValueOf(bs.IgnoreVolumeMicroVersion)),
 			"")
 	}
 
diff --git a/upup/pkg/fi/cloudup/openstack/cloud_test.go b/upup/pkg/fi/cloudup/openstack/cloud_test.go
index eafc470b8d..68c46d6676 100644
--- a/upup/pkg/fi/cloudup/openstack/cloud_test.go
+++ b/upup/pkg/fi/cloudup/openstack/cloud_test.go
@@ -35,6 +35,74 @@ import (
 	"k8s.io/kops/util/pkg/vfs"
 )
 
+func Test_OpenstackCloud_MakeCloud(t *testing.T) {
+	baseCloudConfigWithBlockStorage := []string{
+		"auth-url=\"\"",
+		"username=\"\"",
+		"password=\"\"",
+		"region=\"\"",
+		"tenant-id=\"\"",
+		"tenant-name=\"\"",
+		"domain-name=\"\"",
+		"domain-id=\"\"",
+		"",
+		"[BlockStorage]",
+		"bs-version=",
+		"ignore-volume-az=false",
+	}
+
+	tests := []struct {
+		desc                string
+		cluster             *kops.Cluster
+		expectedCloudConfig []string
+	}{
+		{
+			desc: "Ignore volume microversion is set to false when not configured",
+			cluster: &kops.Cluster{
+				Spec: kops.ClusterSpec{
+					CloudProvider: kops.CloudProviderSpec{
+						Openstack: &kops.OpenstackSpec{
+							BlockStorage: &kops.OpenstackBlockStorageConfig{},
+						},
+					},
+				},
+			},
+			expectedCloudConfig: append(baseCloudConfigWithBlockStorage,
+				"ignore-volume-microversion=false",
+				"",
+			),
+		},
+		{
+			desc: "Ignore volume microversion is set to configured value",
+			cluster: &kops.Cluster{
+				Spec: kops.ClusterSpec{
+					CloudProvider: kops.CloudProviderSpec{
+						Openstack: &kops.OpenstackSpec{
+							BlockStorage: &kops.OpenstackBlockStorageConfig{
+								IgnoreVolumeMicroVersion: fi.PtrTo(true),
+							},
+						},
+					},
+				},
+			},
+			expectedCloudConfig: append(baseCloudConfigWithBlockStorage,
+				"ignore-volume-microversion=true",
+				"",
+			),
+		},
+	}
+
+	for _, testCase := range tests {
+		t.Run(testCase.desc, func(t *testing.T) {
+			actualCloudConfig := MakeCloudConfig(testCase.cluster.Spec)
+
+			if !reflect.DeepEqual(actualCloudConfig, testCase.expectedCloudConfig) {
+				t.Errorf("Ingress status differ: expected\n%+#v\n\tgot:\n%+#v\n", testCase.expectedCloudConfig, actualCloudConfig)
+			}
+		})
+	}
+}
+
 func Test_OpenstackCloud_GetApiIngressStatus(t *testing.T) {
 	tests := []struct {
 		desc                 string