diff --git a/CHANGELOG.md b/CHANGELOG.md
index fe15eccb..de559ad2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,28 @@
 # Version History
 
 
+## Release v2.8.7
+* Fix rehash repair of individually corrupted shims by @aprylewu in https://github.com/pyenv/pyenv/pull/3540
+* CI: publish Apple Silicon macOS binaries by @macayu17 in https://github.com/pyenv/pyenv/pull/3556
+* python-build: create PEP 394 symlinks for Pyston by @dmrlawson in https://github.com/pyenv/pyenv/pull/3557
+* Add GraalPy 3.13 25.4.4 by @msimacek in https://github.com/pyenv/pyenv/pull/3558
+* python-build: create PEP 394 symlinks for PyPy by @native-api in https://github.com/pyenv/pyenv/pull/3559
+* install-prerequisites: add an option for optional dependencies by @native-api in https://github.com/pyenv/pyenv/pull/3560
+* python-build: create pypy* symlinks for PyPy by @native-api in https://github.com/pyenv/pyenv/pull/3562
+* Add PyPy v7.3.23 by @exurd in https://github.com/pyenv/pyenv/pull/3553
+* Add PyPy v7.3.21 by @exurd in https://github.com/pyenv/pyenv/pull/3564
+* python-build: Add `add_pypy.py` for pypy versions by @exurd in https://github.com/pyenv/pyenv/pull/3566
+* pyenv-binary: install published CPython packages by @macayu17 in https://github.com/pyenv/pyenv/pull/3567
+* python-build: show download progress in interactive terminals by @n0tl3ss in https://github.com/pyenv/pyenv/pull/3561
+* Fix minimum macOS version check for PyPy v7.3.8+ by @exurd in https://github.com/pyenv/pyenv/pull/3570
+* Add PyPy v8.0.0 by @exurd in https://github.com/pyenv/pyenv/pull/3552
+* python-build: Speed up permission fix step by @native-api in https://github.com/pyenv/pyenv/pull/3571
+* fix(init): honor custom PYENV_ROOT in init setup tips by @r3wretrhy in https://github.com/pyenv/pyenv/pull/3569
+* tests: python-build: use helpers from core by @macayu17 in https://github.com/pyenv/pyenv/pull/3572
+* Add CPython 3.12.15, 3.13.16 by @pyenv-bot[bot] in https://github.com/pyenv/pyenv/pull/3575
+* Add CPython 3.14.8 by @pyenv-bot[bot] in https://github.com/pyenv/pyenv/pull/3574
+* Add CPython 3.10.22, 3.11.17 by @pyenv-bot[bot] in https://github.com/pyenv/pyenv/pull/3576
+
 ## Release v2.8.6
 * Update graalpy URLs for 25.3.4.1 by @msimacek in https://github.com/pyenv/pyenv/pull/3533
 * python-build: add build prerequisite installer by @macayu17 in https://github.com/pyenv/pyenv/pull/3532
diff --git a/libexec/pyenv---version b/libexec/pyenv---version
index 069b231e..33a7f3ee 100755
--- a/libexec/pyenv---version
+++ b/libexec/pyenv---version
@@ -12,7 +12,7 @@
 set -e
 [ -n "$PYENV_DEBUG" ] && set -x
 
-version="2.8.6"
+version="2.8.7"
 git_revision=""
 
 if cd "${BASH_SOURCE%/*}" 2>/dev/null && git remote -v 2>/dev/null | grep -q pyenv; then
diff --git a/plugins/python-build/bin/python-build b/plugins/python-build/bin/python-build
index f2d485f9..c68bca16 100755
--- a/plugins/python-build/bin/python-build
+++ b/plugins/python-build/bin/python-build
@@ -14,7 +14,7 @@
 #   -g/--debug       Build a debug version
 #
 
-PYTHON_BUILD_VERSION="2.8.6"
+PYTHON_BUILD_VERSION="2.8.7"
 
 OLDIFS="$IFS"