diff --git a/CHANGELOG.md b/CHANGELOG.md
index b4b8d494..ceacbc18 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,15 @@
 # CHANGELOG
 
 
+## v0.12.1 (2025-04-07)
+
+### Bug Fixes
+
+- Run migrations and sync when starting mcp
+  ([#88](https://github.com/basicmachines-co/basic-memory/pull/88),
+  [`78a3412`](https://github.com/basicmachines-co/basic-memory/commit/78a3412bcff83b46e78e26f8b9fce42ed9e05991))
+
+
 ## v0.12.0 (2025-04-06)
 
 ### Bug Fixes
diff --git a/pyproject.toml b/pyproject.toml
index 1f791943..e81d18e5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "basic-memory"
-version = "0.12.0"
+version = "0.12.1"
 description = "Local-first knowledge management combining Zettelkasten with knowledge graphs"
 readme = "README.md"
 requires-python = ">=3.12.1"
diff --git a/src/basic_memory/__init__.py b/src/basic_memory/__init__.py
index c2d5885f..802f9bea 100644
--- a/src/basic_memory/__init__.py
+++ b/src/basic_memory/__init__.py
@@ -1,3 +1,3 @@
 """basic-memory - Local-first knowledge management combining Zettelkasten with knowledge graphs"""
 
-__version__ = "0.12.0"
+__version__ = "0.12.1"