Proxmox boot loops after upgrade from 6.4 to 7.0 (Possible kernel issue)

Problem
I attempted to update my Proxmox machine from the latest 6.4 release to the new 7.0 version this morning, but my installation boot loops now. Specifically, shortly after successfully decrypting the boot drives (setup with the following tutorial without the remote unlock setup) I see a rapid output of the standard text you see upon a normal boot (a console cable will arrive tomorrow, but using my phone's high speed video I don't see any errors) then the machine reboots...

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