diff --git a/CHANGELOG.md b/CHANGELOG.md
index ef1a6667e788..61fb131ed6e7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Changelog
 
+## [1.12.2] (2024-05-31)
+
+_Patch release with a bug fix necessary for support of latest libgc_
+
+[1.12.2]: https://github.com/crystal-lang/crystal/releases/1.12.2
+
+### Bugfixes
+
+#### stdlib
+
+- *(runtime)* Don't allocate in `Fiber.unsafe_each` and `Thread.unsafe_each` ([#14635], thanks @ysbaddaden)
+
+[#14635]: https://github.com/crystal-lang/crystal/pull/14635
+
+### Infrastructure
+
+- Changelog for 1.12.2 ([#14640], thanks @straight-shoota)
+
+[#14640]: https://github.com/crystal-lang/crystal/pull/14640
+
 ## [1.12.1] (2024-04-11)
 
 [1.12.1]: https://github.com/crystal-lang/crystal/releases/1.12.1
diff --git a/src/VERSION b/src/VERSION
index f8f4f03b3dcc..6b89d58f861a 100644
--- a/src/VERSION
+++ b/src/VERSION
@@ -1 +1 @@
-1.12.1
+1.12.2