diff --git a/Casks/algokit.rb b/Casks/algokit.rb
index c50257b..93be8b9 100644
--- a/Casks/algokit.rb
+++ b/Casks/algokit.rb
@@ -2,8 +2,8 @@
 # frozen_string_literal: true
 
 cask "algokit" do
-  version "1.12.2"
-  sha256 "1a8125d4ea1d87268a85c1225613e02c4063eba5fc84ddf8365029263617c4bc"
+  version "1.12.3"
+  sha256 "799e9807b3c1d7c37fdca0fdb95c7d87b70153b1137bb0e83744c1f70fc6cb36"
 
   url "https://github.com/algorandfoundation/algokit-cli/releases/download/v#{version}/algokit-#{version}-py3-none-any.whl"
   name "algokit"