diff --git a/core/server/data/migrations/versions/4.0/23-regenerate-posts-html.js b/core/server/data/migrations/versions/4.0/23-regenerate-posts-html.js
new file mode 100644
index 0000000000..72d4bc85ad
--- /dev/null
+++ b/core/server/data/migrations/versions/4.0/23-regenerate-posts-html.js
@@ -0,0 +1,72 @@
+const logging = require('../../../../../shared/logging');
+const {createIrreversibleMigration} = require('../../utils');
+const mobiledocLib = require('../../../../lib/mobiledoc');
+const htmlToText = require('html-to-text');
+
+module.exports = createIrreversibleMigration(async (knex) => {
+    logging.info('Starting re-generation of posts html.');
+
+    await knex.transaction(async (trx) => {
+        // get list of posts ids, use .forUpdate to lock rows until the transaction is finished
+        const postIdRows = await knex('posts')
+            .transacting(trx)
+            .forUpdate()
+            .select('id');
+
+        // transform each post individually to avoid dumping all posts into memory and
+        // pushing all queries into the query builder buffer in parallel
+        // https://stackoverflow.com/questions/54105280/how-to-loop-through-multi-line-sql-query-and-use-them-in-knex-transactions
+
+        for (const postIdRow of postIdRows) {
+            const {id} = postIdRow;
+            const [post] = await knex('posts')
+                .transacting(trx)
+                .where({id})
+                .select('mobiledoc', 'html', 'plaintext');
+
+            let mobiledoc;
+
+            try {
+                mobiledoc = JSON.parse(post.mobiledoc || null);
+
+                if (!mobiledoc) {
+                    return logging.warn(`No mobiledoc for ${id}. Skipping.`);
+                }
+            } catch (err) {
+                return logging.warn(`Invalid JSON structure for ${id}. Skipping`);
+            }
+
+            const html = mobiledocLib.mobiledocHtmlRenderer.render(mobiledoc);
+
+            const updatedAttrs = {
+                html: html
+            };
+
+            // NOTE: block comes straight from the Post model
+            // https://github.com/TryGhost/Ghost/blob/4.0.0-alpha.2/core/server/models/post.js#L484
+            if (html !== post.html || !post.plaintext) {
+                const plaintext = htmlToText.fromString(html, {
+                    wordwrap: 80,
+                    ignoreImage: true,
+                    hideLinkHrefIfSameAsText: true,
+                    preserveNewlines: true,
+                    returnDomByDefault: true,
+                    uppercaseHeadings: false
+                });
+
+                if (plaintext !== post.plaintext) {
+                    updatedAttrs.plaintext = plaintext;
+                }
+            }
+
+            await knex('posts')
+                .transacting(trx)
+                .where({id})
+                .update(updatedAttrs);
+        }
+
+        return 'transaction complete';
+    });
+
+    logging.info('Finished re-generation of posts html.');
+});