diff --git a/project/Build.scala b/project/Build.scala
index 64e1c236db65..73e3073ff1bb 100644
--- a/project/Build.scala
+++ b/project/Build.scala
@@ -53,7 +53,7 @@ object MyScalaJSPlugin extends AutoPlugin {
 }
 
 object Build {
-  val referenceVersion = "3.0.0-M1-bin-20201021-97da3cb-NIGHTLY"
+  val referenceVersion = "3.0.0-M2-bin-20201108-3938388-NIGHTLY"
 
   val baseVersion = "3.0.0-M2"
   val baseSbtDottyVersion = "0.4.5"