The Polaroid visual, photographed by BFF/assistant Cheyne Thomas, finds the "Wrecking Ball" singer standing naked in the middle of a bathtub as a couple of stray bubbles float around her.
Well, she's basically naked -- unless you count the bubble beard and bubble merkin she's sporting. Is wearing bubble merkins the new not wearing bubble merkins? What a time to be alive.
The new issue of V mag hits stands on Thursday (January 14). You can pick up a fold-out poster of Miley's nude Polaroid through their online store.