diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1617df701f..f1da081361 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,21 @@
 TiUP Changelog
 
+## [1.16.0] 2024-06-27
+
+### New Features
+
+- Deploy PD as microservices in `tiup-cluster` (#2377, @rleungx)
+
+### Fixes
+
+- Fix missing TiProxy session certs when `tiup-cluster` scale-out (#2432, @djshow832)
+
+### Improvements
+
+- Remove tombstone nodes of pd when executing `tiup-cluster prune` (#2044, @nexustar)
+- Redact `-p` (password) arguments in command execution (#2425, @nexustar)
+- Avoid duplicated downloads when upgrade (#2423, @nexustar)
+
 ## [1.15.2] 2024-05-28
 
 ### Improvements
diff --git a/pkg/version/version.go b/pkg/version/version.go
index 3255811146..d71046fdde 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -21,9 +21,9 @@ var (
 	// TiUPVerMajor is the major version of TiUP
 	TiUPVerMajor = 1
 	// TiUPVerMinor is the minor version of TiUP
-	TiUPVerMinor = 15
+	TiUPVerMinor = 16
 	// TiUPVerPatch is the patch version of TiUP
-	TiUPVerPatch = 2
+	TiUPVerPatch = 0
 	// TiUPVerName is an alternative name of the version
 	TiUPVerName = "tiup"
 	// GitHash is the current git commit hash