diff --git a/CHANGELOG.md b/CHANGELOG.md
index b2de3a2967..d1b37f3da5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## 1.39.2
+
+### Various fixes & improvements
+
+- Fix timestamp in transaction created by OTel (#2627) by @antonpirker
+- Fix relative path in db query source  (#2624) by @antonpirker
+- Run more CI checks on 2.0 branch (#2625) by @sentrivana
+- fix(api): Fix tracing TypeError for static and class methods (#2559) by @szokeasaurusrex
+- Arq integration ctx (#2600) by @ivanovart
+- fix(crons): Change `data_category` from `check_in` to `monitor` (#2598) by @sentrivana
+
 ## 1.39.1
 
 ### Various fixes & improvements
diff --git a/docs/conf.py b/docs/conf.py
index 9e69e95b2b..435489c000 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -30,7 +30,7 @@
 copyright = "2019-{}, Sentry Team and Contributors".format(datetime.now().year)
 author = "Sentry Team and Contributors"
 
-release = "1.39.1"
+release = "1.39.2"
 version = ".".join(release.split(".")[:2])  # The short X.Y version.
 
 
diff --git a/sentry_sdk/consts.py b/sentry_sdk/consts.py
index ba070f5818..c320904ae3 100644
--- a/sentry_sdk/consts.py
+++ b/sentry_sdk/consts.py
@@ -316,4 +316,4 @@ def _get_default_options():
 del _get_default_options
 
 
-VERSION = "1.39.1"
+VERSION = "1.39.2"
diff --git a/setup.py b/setup.py
index 14b79b23e5..dd4e69c388 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@ def get_file_text(file_name):
 
 setup(
     name="sentry-sdk",
-    version="1.39.1",
+    version="1.39.2",
     author="Sentry Team and Contributors",
     author_email="hello@sentry.io",
     url="https://github.com/getsentry/sentry-python",