diff --git a/bucket/upbound-cli.json b/bucket/upbound-cli.json
index 233f6279eb..302ebc9e1b 100644
--- a/bucket/upbound-cli.json
+++ b/bucket/upbound-cli.json
@@ -1,12 +1,12 @@
 {
-    "version": "0.31.0",
+    "version": "0.32.0",
     "description": "Official CLI for interacting with Upbound Cloud, Upbound Enterprise, and Universal Crossplane (UXP).",
     "homepage": "https://cloud.upbound.io/docs/cli",
     "license": "Apache-2.0",
     "architecture": {
         "64bit": {
-            "url": "https://cli.upbound.io/stable/v0.31.0/bin/windows_amd64/up.exe",
-            "hash": "92216fcd4b387bf172cd15245451c0e711f2f7689a08bdb92a5c89333f73b917"
+            "url": "https://cli.upbound.io/stable/v0.32.0/bin/windows_amd64/up.exe",
+            "hash": "31bfa61227ed6666252aa8d6f6dde840bbe5e7e5e39f1b9190186ddd95fb3534"
         }
     },
     "bin": "up.exe",