Tim Hardwick, MacRumors:

When the ‌M1‌‌ MacBook Air, ‌‌M1‌‌ MacBook Pro 13-inch, and ‌‌M1‌‌ Mac mini models arrived in customers’ hands, a number of owners almost immediately began reporting various Bluetooth problems ranging from intermittent disconnects of wireless peripherals to completely non-functional Bluetooth connections.

This is great news. I’m hoping that same team is working on a fix for the broken Big Sur, Safari iCloud tabs that make it a bit of a nightmare to share pasteboard and iCloud tabs between machines.

100% reproducible for me, have heard from a fair number of people with the same issue. Feedback submitted.