Allow me to be excused for being a couple months late.
Thus far, we're still waiting to see what the next event brings. We'll likely see the new M1 MacBook Pro (and maybe Air), alongside an M1 iMac — even a new consumer-oriented display. As for the Mac Mini, I'd assume the only update in the near future (as in, from now and through 2021) will be a simple 'refresh' of the I/O... if at all, really. Although the M1 Mac mini's outward appearance not having been changed suggests that it is not in its final form as a whole, it is still worth noting that the Mac mini itself is not of an important line of products. In fact, I think one of the main reasons as to why they bothered adding in the Mac mini alongside the M1 MBA and MBP was for the purpose of testing the M1 waters both easily and relatively cheaply. It will also now be a step or two behind the iMacs and laptops once those are updated this spring, and it means they will have not needed to create two revisions of their more popular machines.
I would like to get an M1 Mac Mini, but I think my tune will change once I see the rest of the M1 lineup emerge. Also, I am not sure I wish to wait a year or longer for the mini to be updated: my current daily is a Mac Pro from 2009, and I'm now itching to replace it; every single new Mac will soon be faster and more power efficient than it is.