Solved! Go to Solution.
Update: After looking around in the community, I found out that this glitch was fixed in version '1.1.83.954.gd226dfe8'. The installer I downloaded from the actual download page on the Spotify website was a 1.1.81 build, which is why a reinstall was not yielding any fixes. You can get this 1.1.83 build here.
(More details since I ran out of character space in Details tab)
I have installed Windows 10 21H2 onto a different hard-drive to fix various issues such as low storage capacity, and the issue has followed me to this new drive as well. Before I switched to this new HDD, I experienced an issue with Spotify that had recently started. Basically, I'd been getting this one specific error message. It would look exactly like the attached image below, and it will appear exactly 5 times before Spotify would show the app like normal. This would happen every time I opened the app.
While I don't know if this is related to the stutter bug, I feel like it would be best to share this issue, if it has any major importance.
Update: After looking around in the community, I found out that this glitch was fixed in version '1.1.83.954.gd226dfe8'. The installer I downloaded from the actual download page on the Spotify website was a 1.1.81 build, which is why a reinstall was not yielding any fixes. You can get this 1.1.83 build here.
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Env: prod