diff --git a/.version b/.version
index ca71766..0eed1a2 100644
--- a/.version
+++ b/.version
@@ -1 +1 @@
-1.11.2
+1.12.0
diff --git a/setup.py b/setup.py
index 12ee5ca..d443977 100644
--- a/setup.py
+++ b/setup.py
@@ -6,5 +6,5 @@
 setup(
     name='pre_commit_placeholder_package',
     version='0.0.0',
-    install_requires=['mypy==1.11.2'],
+    install_requires=['mypy==1.12.0'],
 )