diff --git a/version.json b/version.json
index 06b868d719..1af6ab23c5 100644
--- a/version.json
+++ b/version.json
@@ -1,6 +1,6 @@
 {
   "$schema": "https://raw.githubusercontent.com/dotnet/Nerdbank.GitVersioning/master/src/NerdBank.GitVersioning/version.schema.json",
-  "version": "11.3.0-rc",
+  "version": "12.0.0-rc",
   "assemblyVersion": {
     "precision": "build"
   },