Crash: JS Functions are not convertible to dynamic

Application crashes with the following stack trace:

Fatal Exception: com.facebook.jni.CppException: JS Functions are not convertible to dynamic

no stack
       at com.facebook.react.bridge.queue.NativeRunnable.run(NativeRunnable.java)
       at android.os.Handler.handleCallback(Handler.java:873)
       at android.os.Handler.dispatchMessage(Handler.java:99)
       at com.facebook.react.bridge.queue.MessageQueueThreadHandler.dispatchMessage(MessageQueueThreadHandler.java:29)
       at android.os.Looper.loop(Looper.java:214)
       at com.facebook.react.bridge.queue.MessageQueueThreadImpl$4.run(MessageQueueThreadImpl.java:232)
       at java.lang.Thread.run(Thread.java:764)

React Native version:

System:
    OS: macOS Mojave 10.14.6
    CPU: (12) x64 Intel(R) Core(TM) i7-8850H CPU @ 2.60GHz
    Memory: 29.94 MB / 32.00 GB
    Shell: 5.0.7 - /usr/local/bin/bash
  Binaries:
    Node: 10.16.0 - /usr/local/bin/node
    Yarn: 1.17.3 - /usr/local/bin/yarn
    npm: 6.12.0 - /usr/local/bin/npm
    Watchman: 4.9.0 - /usr/local/bin/watchman
  SDKs:
    iOS SDK:
      Platforms: iOS 13.2, DriverKit 19.0, macOS 10.15, tvOS 13.2, watchOS 6.1
    Android SDK:
      API Levels: 27, 28, 29
      Build Tools: 28.0.3, 29.0.0, 29.0.2
      System Images: android-22 | Google APIs Intel x86 Atom, android-23 | Google APIs Intel x86 Atom, android-26 | Android TV Intel x86 Atom, android-28 | Google APIs Intel x86 Atom
      Android NDK: 20.0.5594570
  IDEs:
    Android Studio: 3.5 AI-191.8026.42.35.5791312
    Xcode: 11.2.1/11B53 - /usr/bin/xcodebuild
  npmPackages:
    react: 16.9 => 16.9.0
    react-native: 0.61.3 => 0.61.3
  npmGlobalPackages:
    react-native-cli: 2.0.1

Steps To Reproduce

Can’t reproduce it reliably, I’ve received tens of crashes on Crashlytics though.

Describe what you expected to happen:

Not a crash.

Snack, code example, screenshot, or link to a repository:

This is the crash:

Fatal Exception: com.facebook.jni.CppException: JS Functions are not convertible to dynamic

no stack
       at com.facebook.react.bridge.queue.NativeRunnable.run(NativeRunnable.java)
       at android.os.Handler.handleCallback(Handler.java:873)
       at android.os.Handler.dispatchMessage(Handler.java:99)
       at com.facebook.react.bridge.queue.MessageQueueThreadHandler.dispatchMessage(MessageQueueThreadHandler.java:29)
       at android.os.Looper.loop(Looper.java:214)
       at com.facebook.react.bridge.queue.MessageQueueThreadImpl$4.run(MessageQueueThreadImpl.java:232)
       at java.lang.Thread.run(Thread.java:764)

FTR, this issue seems to be similar to https://github.com/facebook/react-native/issues/25784 but there is no 3 callback method involved as far as I can tell.