diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7b59a79..1036efc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,7 @@
 # Unreleased
 
+# 1.12.0
+
 * `bootsnap precompile` CLI will now also precompile `Rakefile` and `.rake` files.
 
 * Stop decorating `Module#autoload` as it was only useful for supporting Ruby 2.2 and older.
diff --git a/lib/bootsnap/version.rb b/lib/bootsnap/version.rb
index b6f8998..0b74e66 100644
--- a/lib/bootsnap/version.rb
+++ b/lib/bootsnap/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Bootsnap
-  VERSION = "1.11.1"
+  VERSION = "1.12.0"
 end