diff --git a/cmake/module/GenerateSetupNsi.cmake b/cmake/module/GenerateSetupNsi.cmake
deleted file mode 100644
index c8d5bd67c5f..00000000000
--- a/cmake/module/GenerateSetupNsi.cmake
+++ /dev/null
@@ -1,19 +0,0 @@
-# Copyright (c) 2023-present The Bitcoin Core developers
-# Distributed under the MIT software license, see the accompanying
-# file COPYING or https://opensource.org/license/mit/.
-
-function(generate_setup_nsi)
-  set(abs_top_srcdir ${PROJECT_SOURCE_DIR})
-  set(abs_top_builddir ${PROJECT_BINARY_DIR})
-  set(CLIENT_URL ${PROJECT_HOMEPAGE_URL})
-  set(CLIENT_TARNAME "bitcoin")
-  set(BITCOIN_WRAPPER_NAME "bitcoin")
-  set(BITCOIN_GUI_NAME "bitcoin-qt")
-  set(BITCOIN_DAEMON_NAME "bitcoind")
-  set(BITCOIN_CLI_NAME "bitcoin-cli")
-  set(BITCOIN_TX_NAME "bitcoin-tx")
-  set(BITCOIN_WALLET_TOOL_NAME "bitcoin-wallet")
-  set(BITCOIN_TEST_NAME "test_bitcoin")
-  set(EXEEXT ${CMAKE_EXECUTABLE_SUFFIX})
-  configure_file(${PROJECT_SOURCE_DIR}/share/setup.nsi.in ${PROJECT_BINARY_DIR}/bitcoin-win64-setup.nsi USE_SOURCE_PERMISSIONS @ONLY)
-endfunction()
diff --git a/cmake/module/Maintenance.cmake b/cmake/module/Maintenance.cmake
index 15fbf2bea8e..43e145d63f4 100644
--- a/cmake/module/Maintenance.cmake
+++ b/cmake/module/Maintenance.cmake
@@ -19,32 +19,21 @@ function(setup_split_debug_script)
 endfunction()
 
 function(add_windows_deploy_target)
+  configure_file(${PROJECT_SOURCE_DIR}/cmake/script/GenerateWindowsInstaller.cmake.in ${PROJECT_BINARY_DIR}/GenerateWindowsInstaller.cmake USE_SOURCE_PERMISSIONS @ONLY)
   if(MINGW AND TARGET bitcoin AND TARGET bitcoin-qt AND TARGET bitcoind AND TARGET bitcoin-cli AND TARGET bitcoin-tx AND TARGET bitcoin-wallet AND TARGET bitcoin-util AND TARGET test_bitcoin)
-    find_program(MAKENSIS_EXECUTABLE makensis)
-    if(NOT MAKENSIS_EXECUTABLE)
-      add_custom_target(deploy
-        COMMAND ${CMAKE_COMMAND} -E echo "Error: NSIS not found"
-      )
-      return()
-    endif()
-
-    # TODO: Consider replacing this code with the CPack NSIS Generator.
-    #       See https://cmake.org/cmake/help/latest/cpack_gen/nsis.html
-    include(GenerateSetupNsi)
-    generate_setup_nsi()
     add_custom_command(
       OUTPUT ${PROJECT_BINARY_DIR}/bitcoin-win64-setup.exe
-      COMMAND ${CMAKE_COMMAND} -E make_directory ${PROJECT_BINARY_DIR}/release
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-qt> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin-qt>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoind> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoind>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-cli> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin-cli>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-tx> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin-tx>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-wallet> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin-wallet>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-util> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:bitcoin-util>
-      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:test_bitcoin> -o ${PROJECT_BINARY_DIR}/release/$<TARGET_FILE_NAME:test_bitcoin>
-      COMMAND ${MAKENSIS_EXECUTABLE} -V2 ${PROJECT_BINARY_DIR}/bitcoin-win64-setup.nsi
-      VERBATIM
+      WORKING_DIRECTORY ${PROJECT_BINARY_DIR}
+      COMMAND ${CMAKE_COMMAND} -E make_directory release
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin> -o release/$<TARGET_FILE_NAME:bitcoin>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-qt> -o release/$<TARGET_FILE_NAME:bitcoin-qt>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoind> -o release/$<TARGET_FILE_NAME:bitcoind>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-cli> -o release/$<TARGET_FILE_NAME:bitcoin-cli>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-tx> -o release/$<TARGET_FILE_NAME:bitcoin-tx>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-wallet> -o release/$<TARGET_FILE_NAME:bitcoin-wallet>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:bitcoin-util> -o release/$<TARGET_FILE_NAME:bitcoin-util>
+      COMMAND ${CMAKE_STRIP} $<TARGET_FILE:test_bitcoin> -o release/$<TARGET_FILE_NAME:test_bitcoin>
+      COMMAND ${CMAKE_COMMAND} -D BIN_DIR=release -D LIBEXEC_DIR=release -P GenerateWindowsInstaller.cmake
     )
     add_custom_target(deploy DEPENDS ${PROJECT_BINARY_DIR}/bitcoin-win64-setup.exe)
   endif()
diff --git a/cmake/script/GenerateWindowsInstaller.cmake.in b/cmake/script/GenerateWindowsInstaller.cmake.in
new file mode 100644
index 00000000000..16ebdd49b8f
--- /dev/null
+++ b/cmake/script/GenerateWindowsInstaller.cmake.in
@@ -0,0 +1,40 @@
+# Copyright (c) 2026-present The Bitcoin Core developers
+# Distributed under the MIT software license, see the accompanying
+# file COPYING or https://opensource.org/license/mit/.
+
+find_program(MAKENSIS_EXECUTABLE makensis REQUIRED)
+
+# Project variables.
+set(CLIENT_NAME "@CLIENT_NAME@")
+set(CLIENT_VERSION_MAJOR @CLIENT_VERSION_MAJOR@)
+set(CLIENT_VERSION_MINOR @CLIENT_VERSION_MINOR@)
+set(CLIENT_VERSION_BUILD @CLIENT_VERSION_BUILD@)
+set(CLIENT_VERSION_STRING "@CLIENT_VERSION_STRING@")
+set(CLIENT_URL "@PROJECT_HOMEPAGE_URL@")
+set(COPYRIGHT_YEAR "@COPYRIGHT_YEAR@")
+set(COPYRIGHT_HOLDERS_FINAL "@COPYRIGHT_HOLDERS_FINAL@")
+set(abs_top_srcdir @PROJECT_SOURCE_DIR@)
+set(EXEEXT @CMAKE_EXECUTABLE_SUFFIX@)
+
+# Script variables.
+cmake_path(ABSOLUTE_PATH BIN_DIR NORMALIZE)
+cmake_path(ABSOLUTE_PATH LIBEXEC_DIR NORMALIZE)
+
+# Other variables required by the `setup.nsi.in` template.
+set(CLIENT_TARNAME "bitcoin")
+set(BITCOIN_WRAPPER_NAME "bitcoin")
+set(BITCOIN_GUI_NAME "bitcoin-qt")
+set(BITCOIN_DAEMON_NAME "bitcoind")
+set(BITCOIN_CLI_NAME "bitcoin-cli")
+set(BITCOIN_TX_NAME "bitcoin-tx")
+set(BITCOIN_WALLET_TOOL_NAME "bitcoin-wallet")
+set(BITCOIN_TEST_NAME "test_bitcoin")
+configure_file(@PROJECT_SOURCE_DIR@/share/setup.nsi.in ${CMAKE_CURRENT_LIST_DIR}/bitcoin-win64-setup.nsi
+  USE_SOURCE_PERMISSIONS @ONLY
+)
+
+execute_process(
+  WORKING_DIRECTORY ${CMAKE_CURRENT_LIST_DIR}
+  COMMAND ${MAKENSIS_EXECUTABLE} -V2 bitcoin-win64-setup.nsi
+  COMMAND_ERROR_IS_FATAL ANY
+)
diff --git a/share/setup.nsi.in b/share/setup.nsi.in
index 387d78116b8..d807b718b20 100644
--- a/share/setup.nsi.in
+++ b/share/setup.nsi.in
@@ -72,19 +72,19 @@ ShowUninstDetails show
 Section -Main SEC0000
     SetOutPath $INSTDIR
     SetOverwrite on
-    File @abs_top_builddir@/release/@BITCOIN_GUI_NAME@@EXEEXT@
-    File @abs_top_builddir@/release/@BITCOIN_WRAPPER_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_GUI_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_WRAPPER_NAME@@EXEEXT@
     File /oname=COPYING.txt @abs_top_srcdir@/COPYING
     File /oname=readme.txt @abs_top_srcdir@/doc/README_windows.txt
     File @abs_top_srcdir@/share/examples/bitcoin.conf
     SetOutPath $INSTDIR\share\rpcauth
     File @abs_top_srcdir@/share/rpcauth/*.*
     SetOutPath $INSTDIR\daemon
-    File @abs_top_builddir@/release/@BITCOIN_DAEMON_NAME@@EXEEXT@
-    File @abs_top_builddir@/release/@BITCOIN_CLI_NAME@@EXEEXT@
-    File @abs_top_builddir@/release/@BITCOIN_TX_NAME@@EXEEXT@
-    File @abs_top_builddir@/release/@BITCOIN_WALLET_TOOL_NAME@@EXEEXT@
-    File @abs_top_builddir@/release/@BITCOIN_TEST_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_DAEMON_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_CLI_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_TX_NAME@@EXEEXT@
+    File @BIN_DIR@/@BITCOIN_WALLET_TOOL_NAME@@EXEEXT@
+    File @LIBEXEC_DIR@/@BITCOIN_TEST_NAME@@EXEEXT@
     SetOutPath $INSTDIR
     WriteRegStr HKCU "${REGKEY}\Components" Main 1
 SectionEnd