Disregard I found a way by editing the config.xml. Seems like it's not exposed in the UI for some stupid ass reason.
If anyone else needs to do this, first thing I did is set this in my config.xml
<DefaultMovieMinimumAvailability>Released</DefaultMovieMinimumAvailability>
Then I bulk updated the radarr.db file
sqlite3 /var/lib/radarr/radarr.db
UPDATE Movies SET MinimumAvailability = 'released';
Validated it updated all my movies:
SELECT COUNT(*) FROM Movies WHERE MinimumAvailability = 'released';
.exit
restarted radarr