Neowin published a story that Microsoft confirmed that Windows 11 on M1 Macs is not a supported option.
Microsoft: Running Windows 11 on M1 Macs is not a supported scenario
Microsoft has confirmed that running Windows 11 on M1 Macs using virtualization software such as Parallels Desktop is not supported. So if you run into an issue, Microsoft's isn't responsible.
Microsoft: Running Windows 11 on M1 Macs is not a supported scenario
