expo-pixi blank screen and error

[ShukantPal]

I am trying to use PixiJS and I can't get anything to work. This is my code:

function init(context: WebGLRenderingContext) {
  let app = new PIXI.Application({
    context,
    background: 0xfeabcd,
    width: 100,
    height: 100,
  });
  let g = new PIXI.Graphics();
  g.beginFill(0);
  g.drawCircle(100, 50, 50);
  g.endFill();
  app.stage.addChild(g);
}

const SurakartaBoard: () => React$Node = () => (
  <GLView
    onContextCreate={(context: WebGLRenderingContext) => {
      init(context);
    }}
  />
);

I get the following error message:

Require cycle: node_modules/pixi.js/lib/core/index.js -> node_modules/pixi.js/lib/core/textures/Spritesheet.js -> node_modules/pixi.js/lib/core/index.js

Require cycles are allowed, but can result in uninitialized values. Consider refactoring to remove the need for a cycle.
(node:21538) MaxListenersExceededWarning: Possible EventEmitter memory leak detected. 11 change listeners added to [HasteMap]. Use emitter.setMaxListeners() to increase limit
 LOG  BugReporting extraData: {"AppRegistry.runApplication1": "Running \"Surakarta\" with {\"rootTag\":1,\"initialProps\":{}}"}
 LOG  BugReporting extraData: {"AppRegistry.runApplication1": "Running \"Surakarta\" with {\"rootTag\":1,\"initialProps\":{}}"}
 LOG  BugReporting extraData: {"AppRegistry.runApplication1": "Running \"Surakarta\" with {\"rootTag\":1,\"initialProps\":{}}"}
# ... like a 100 more times

Do you have an idea what the problem is?

Update

I found that importing PIXI from expo-pixi is the the culprit (even if I don't use it in my component tree). For example,

import {PIXI} from 'expo-pixi';

const App: () => React$Node = () => {
  return (
    <SafeAreaView style={styles.container}>
      <Text>Safe Hello World!</Text>
    </SafeAreaView>
  );
};

On running npx react-native run-ios, this would cause a white, blank screen. I am testing on the iPhone 11 Pro Max emulator, iOS 13.3. My computer also heats up when running this code. Removing the import solves the issue.

[ShukantPal]

I think upgrading to pixi.js 5 will solve this problem because they compiled everything into one module.