Looks like you are booting with 'Verbose Mode' turned on.
Disclaimer I have no expertise with this.
EDIT:
Verbose Mode, to see details of startup process.
A Recovery Log is available from the Window menu in Recovery Mode. Normal Unified log records of the boot process start with the initialisation of kprintf by the kernel. Normal verbose mode has been achieved by adding a boot argument of -v in the NVRAM:
sudo nvram boot-args=”-v”
However, this no longer appears to work in macOS 11.2 and later.
You should also be very careful when working with NVRAM settings on an M1 Mac:
any errors or problems may require a complete system reinstall, apparently.
Here's
a quote:
"So the (Terminal) command
sudo nvram boot-args="-v"
just creates a variable called boot-args with the value -v, stored in NVRAM.
When your computer boots, it reads this variable (if it exists) and enables verbose mode if it contains the -vflag.
To disable it you can just delete the boot-args variable
using
sudo nvram -d boot-args
Step 2. Select the
Return key option after typing it.
If prompted, you need to type in the administrator password.
Also:
https://www.easeus.com/knowledge-center/verbose-mode-mac.html