diff --git a/cli/CHANGELOG.md b/cli/CHANGELOG.md
index 19b8032c..7d0b5e8c 100644
--- a/cli/CHANGELOG.md
+++ b/cli/CHANGELOG.md
@@ -1,6 +1,8 @@
 # Mops CLI Changelog
 
 ## Next
+
+## 2.12.1
 - `mops check`/`build`/`check-stable` skip migration staging when only the pending `next` migration is needed, so `moc` diagnostics reference the real `next-migration/<file>` path.
 
 ## 2.12.0
diff --git a/cli/package-lock.json b/cli/package-lock.json
index c7537efe..74a77ccc 100644
--- a/cli/package-lock.json
+++ b/cli/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "ic-mops",
-  "version": "2.12.0",
+  "version": "2.12.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "ic-mops",
-      "version": "2.12.0",
+      "version": "2.12.1",
       "license": "MIT",
       "dependencies": {
         "@iarna/toml": "2.2.5",
diff --git a/cli/package.json b/cli/package.json
index 7be3bf23..71f1a48d 100644
--- a/cli/package.json
+++ b/cli/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ic-mops",
-  "version": "2.12.0",
+  "version": "2.12.1",
   "type": "module",
   "bin": {
     "mops": "dist/bin/mops.js",