Bun 1.2 introduces several significant features and performance optimizations. Key additions include the --parallel and --sequential flags for running package.json scripts with Foreman-style prefixed output, allowing better control over concurrent task execution. The update also brings HTTP/2 connection upgrades via net.Server, Symbol.dispose support for mock() and spyOn() in bun:test, and ESM bytecode support for --compile. Performance improvements are notable across the board, with SIMD-accelerated regular expressions and Markdown-to-HTML rendering. The JavaScriptCore engine has been upgraded, resulting in substantial speedups for String.prototype.startsWith, Set.size, and Map.size. Additionally, critical bug fixes address ARMv8.0 crashes, NO_PROXY environment variable handling, and Windows path normalization issues in node:fs.