No it's not, it's extremely common. `Arc<Box<...>>` or `Arc<Mutex<Box<...>>>` or similar is used all the time when you want to share a mutable reference (on the heap, in the case of Box); especially in the case of interior mutability[1]. It's pretty annoying, but I have learned to love the borrow checker (although lifetime rules still confuse me). It really does make my code extremely clear, knowing exactly what parts of every struct is shareable (Arc) & mutable (Mutex).
[1] https://doc.rust-lang.org/book/ch15-05-interior-mutability.h...