OneDrive No Longer Opens or Syncs

This may be related to the BigSur update released yesterday (11.6). I have OneDrive for Mac which syncs three separate accounts. After upgrading to 11.6, it appears OneDrive for Mac no longer works. I have tried restarting and using the command line tool to repair the app. Still, OneDrive will not start and does not appear in the task bar menu. When I manually launch OneDrive I am prompted to login, but after entering my login (email) nothing happens.

Reinstalling from the Mac App Store only adds an additional error message that "we can't sync your folder..."