diff --git a/Makefile.am b/Makefile.am
index 1c39f1940ca..43790f1c23c 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -80,7 +80,7 @@ $(BITCOIN_WIN_INSTALLER): all-recursive
 	STRIPPROG="$(STRIP)" $(INSTALL_STRIP_PROGRAM) $(BITCOIN_CLI_BIN) $(top_builddir)/release
 	STRIPPROG="$(STRIP)" $(INSTALL_STRIP_PROGRAM) $(BITCOIN_TX_BIN) $(top_builddir)/release
 	STRIPPROG="$(STRIP)" $(INSTALL_STRIP_PROGRAM) $(BITCOIN_WALLET_BIN) $(top_builddir)/release
-	@test -f $(MAKENSIS) && $(MAKENSIS) -V2 $(top_builddir)/share/setup.nsi -X'OutFile "$@"' || \
+	@test -f $(MAKENSIS) && echo 'OutFile "$@"' | cat $(top_builddir)/share/setup.nsi - | $(MAKENSIS) -V2 - || \
 	  echo error: could not build $@
 	@echo built $@