diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a7ad227f9..e392c2253b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -17,6 +17,27 @@
 
 ## Changes
 
+### 1.0.0.beta1 (February 5, 2024)
+
+In this release, the assets Administrate requires are now bundled in with the
+gem itself. You might need to do something to try this release out and we'd
+like to hear from you about how this goes! Please open an issue if you have any
+troubles.
+
+We have [an open PR to document how to work with custom assets][pr2467], if
+that's something you're doing.
+
+The plan is to release a couple of "beta" releases, followed by a release
+candidate after we've ironed out the migration requirements.
+
+* [OPTIM] [#2508] Lint Ruby with standardrb
+* [COMPAT] [#2507] Add .node-version to test against Node v20.11.0
+* [CHANGE] [#2397] Start bundling compiled assets in the Gem
+* [UI] [#2492] Switch to using @thoughtbot/stylelint-config
+* [BUGFIX] [#2498] Enable running workflows from forks
+
+[pr2467]: https://github.com/thoughtbot/administrate/pull/2475
+
 ### 0.20.1 (January 24, 2024)
 
 In `0.20.0`, we introduced a regression which potentially meant you might
diff --git a/Gemfile.lock b/Gemfile.lock
index 51d3f8ddeb..5839ef53fb 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    administrate (0.20.1)
+    administrate (1.0.0.beta1)
       actionpack (>= 6.0, < 8.0)
       actionview (>= 6.0, < 8.0)
       activerecord (>= 6.0, < 8.0)
diff --git a/lib/administrate/version.rb b/lib/administrate/version.rb
index d100352758..705caddac1 100644
--- a/lib/administrate/version.rb
+++ b/lib/administrate/version.rb
@@ -1,3 +1,3 @@
 module Administrate
-  VERSION = "0.20.1".freeze
+  VERSION = "1.0.0.beta1".freeze
 end