diff --git a/action.yml b/action.yml
index e000f77..e36be58 100644
--- a/action.yml
+++ b/action.yml
@@ -40,6 +40,9 @@ inputs:
     description: "Determines which provider to use for caching. Options are github or buildjet, defaults to github."
     required: false
     default: "github"
+  cache-bin:
+    description: "A boolean value indicating whether to cache ${CARGO_HOME}/bin (default: true)"
+    required: false
 outputs:
   cache-hit:
     description: "A boolean value that indicates an exact match was found."
diff --git a/dist/restore/index.js b/dist/restore/index.js
index aaa23a8..dfa51d6 100644
--- a/dist/restore/index.js
+++ b/dist/restore/index.js
@@ -88227,6 +88227,8 @@ class CacheConfig {
         this.cacheKey = "";
         /** The secondary (restore) key that only contains the prefix and environment */
         this.restoreKey = "";
+        /** Whether to cache CARGO_HOME/.bin */
+        this.cacheBin = true;
         /** The workspace configurations */
         this.workspaces = [];
         /** The cargo binaries present during main step */
@@ -88299,6 +88301,7 @@ class CacheConfig {
         // Construct the lockfiles portion of the key:
         // This considers all the files found via globbing for various manifests
         // and lockfiles.
+        self.cacheBin = lib_core.getInput("cache-bin").toLowerCase() == "true";
         // Constructs the workspace config and paths to restore:
         // The workspaces are given using a `$workspace -> $target` syntax.
         const workspaces = [];
@@ -88393,7 +88396,19 @@ class CacheConfig {
         self.keyFiles = sort_and_uniq(keyFiles);
         key += `-${lockHash}`;
         self.cacheKey = key;
-        self.cachePaths = [config_CARGO_HOME];
+        // The original action (https://github.com/Swatinem/rust-cache) cached the entire CARGO_HOME,
+        // but cleaned out CARGO_HOME/bin of all binaries that weren't built by the CI run itself.
+        // This had the unfortunate side-effect of nuking rustup/cargo/rustc etc from self-hosted runners.
+        // (This is usually not a problem on hosted runners, since you get a fresh container on each run).
+        // So we edit this action to not cache bin/, and to bypass cleaning that directory out.
+        // TODO: Create an upstream patch for this, controlled by an option.
+        self.cachePaths = [
+            external_path_default().join(config_CARGO_HOME, "registry"),
+            external_path_default().join(config_CARGO_HOME, "git"),
+        ];
+        if (self.cacheBin) {
+            self.cachePaths = [external_path_default().join(config_CARGO_HOME, "bin"), ...self.cachePaths];
+        }
         const cacheTargets = lib_core.getInput("cache-targets").toLowerCase() || "true";
         if (cacheTargets === "true") {
             self.cachePaths.push(...workspaces.map((ws) => ws.target));
diff --git a/dist/save/index.js b/dist/save/index.js
index 046bfae..7332ee8 100644
--- a/dist/save/index.js
+++ b/dist/save/index.js
@@ -88227,6 +88227,8 @@ class CacheConfig {
         this.cacheKey = "";
         /** The secondary (restore) key that only contains the prefix and environment */
         this.restoreKey = "";
+        /** Whether to cache CARGO_HOME/.bin */
+        this.cacheBin = true;
         /** The workspace configurations */
         this.workspaces = [];
         /** The cargo binaries present during main step */
@@ -88299,6 +88301,7 @@ class CacheConfig {
         // Construct the lockfiles portion of the key:
         // This considers all the files found via globbing for various manifests
         // and lockfiles.
+        self.cacheBin = core.getInput("cache-bin").toLowerCase() == "true";
         // Constructs the workspace config and paths to restore:
         // The workspaces are given using a `$workspace -> $target` syntax.
         const workspaces = [];
@@ -88393,7 +88396,19 @@ class CacheConfig {
         self.keyFiles = sort_and_uniq(keyFiles);
         key += `-${lockHash}`;
         self.cacheKey = key;
-        self.cachePaths = [CARGO_HOME];
+        // The original action (https://github.com/Swatinem/rust-cache) cached the entire CARGO_HOME,
+        // but cleaned out CARGO_HOME/bin of all binaries that weren't built by the CI run itself.
+        // This had the unfortunate side-effect of nuking rustup/cargo/rustc etc from self-hosted runners.
+        // (This is usually not a problem on hosted runners, since you get a fresh container on each run).
+        // So we edit this action to not cache bin/, and to bypass cleaning that directory out.
+        // TODO: Create an upstream patch for this, controlled by an option.
+        self.cachePaths = [
+            external_path_default().join(CARGO_HOME, "registry"),
+            external_path_default().join(CARGO_HOME, "git"),
+        ];
+        if (self.cacheBin) {
+            self.cachePaths = [external_path_default().join(CARGO_HOME, "bin"), ...self.cachePaths];
+        }
         const cacheTargets = core.getInput("cache-targets").toLowerCase() || "true";
         if (cacheTargets === "true") {
             self.cachePaths.push(...workspaces.map((ws) => ws.target));
@@ -88855,12 +88870,14 @@ async function run() {
         catch (e) {
             core.debug(`${e.stack}`);
         }
-        try {
-            core.info(`... Cleaning cargo/bin ...`);
-            await cleanBin(config.cargoBins);
-        }
-        catch (e) {
-            core.debug(`${e.stack}`);
+        if (config.cacheBin) {
+            try {
+                core.info(`... Cleaning cargo/bin ...`);
+                await cleanBin(config.cargoBins);
+            }
+            catch (e) {
+                core.debug(`${e.stack}`);
+            }
         }
         try {
             core.info(`... Cleaning cargo git cache ...`);
diff --git a/src/config.ts b/src/config.ts
index 15ca1cf..832cbf3 100644
--- a/src/config.ts
+++ b/src/config.ts
@@ -25,6 +25,9 @@ export class CacheConfig {
   /** The secondary (restore) key that only contains the prefix and environment */
   public restoreKey = "";
 
+  /** Whether to cache CARGO_HOME/.bin */
+  public cacheBin: boolean = true;
+
   /** The workspace configurations */
   public workspaces: Array<Workspace> = [];
 
@@ -116,6 +119,8 @@ export class CacheConfig {
     // This considers all the files found via globbing for various manifests
     // and lockfiles.
 
+    self.cacheBin = core.getInput("cache-bin").toLowerCase() == "true";
+
     // Constructs the workspace config and paths to restore:
     // The workspaces are given using a `$workspace -> $target` syntax.
 
@@ -128,7 +133,7 @@ export class CacheConfig {
       workspaces.push(new Workspace(root, target));
     }
     self.workspaces = workspaces;
-
+    
     let keyFiles = await globFiles(".cargo/config.toml\nrust-toolchain\nrust-toolchain.toml");
     const parsedKeyFiles = []; // keyFiles that are parsed, pre-processed and hashed
 
@@ -234,7 +239,19 @@ export class CacheConfig {
     key += `-${lockHash}`;
     self.cacheKey = key;
 
-    self.cachePaths = [CARGO_HOME];
+    // The original action (https://github.com/Swatinem/rust-cache) cached the entire CARGO_HOME,
+    // but cleaned out CARGO_HOME/bin of all binaries that weren't built by the CI run itself.
+    // This had the unfortunate side-effect of nuking rustup/cargo/rustc etc from self-hosted runners.
+    // (This is usually not a problem on hosted runners, since you get a fresh container on each run).
+    // So we edit this action to not cache bin/, and to bypass cleaning that directory out.
+    // TODO: Create an upstream patch for this, controlled by an option.
+    self.cachePaths = [
+      path.join(CARGO_HOME, "registry"),
+      path.join(CARGO_HOME, "git"),
+    ];
+    if (self.cacheBin) {
+      self.cachePaths = [path.join(CARGO_HOME, "bin"), ...self.cachePaths];
+    }
     const cacheTargets = core.getInput("cache-targets").toLowerCase() || "true";
     if (cacheTargets === "true") {
       self.cachePaths.push(...workspaces.map((ws) => ws.target));
diff --git a/src/save.ts b/src/save.ts
index ed338bb..a62019e 100644
--- a/src/save.ts
+++ b/src/save.ts
@@ -56,11 +56,13 @@ async function run() {
       core.debug(`${(e as any).stack}`);
     }
 
-    try {
-      core.info(`... Cleaning cargo/bin ...`);
-      await cleanBin(config.cargoBins);
-    } catch (e) {
-      core.debug(`${(e as any).stack}`);
+    if (config.cacheBin) {
+      try {
+        core.info(`... Cleaning cargo/bin ...`);
+        await cleanBin(config.cargoBins);
+      } catch (e) {
+        core.debug(`${(e as any).stack}`);
+      }
     }
 
     try {