I'd be curious if the issues are happening on Intel based Macs? M1 and M1 Pro here with no issues.
I've known from early on that an OS tends to collect 'lint'. Stuff left over from installs that either went good, or bad. Software uninstalled. Crashes, burps, farts, power outages. I mean it seems like *some* operating systems are more prone to meltdowns from 'lint' accumulation, but the ALL suffer.
I'm riding my bike/trainer app. Sweating my butt off, and *****BOOM***** No Bluetooth!! What protocol does everything I'm using depend on? Yeah...
Happens about one a month. Then once a week, or so. Then once a week. Then every other day! Apple basically resets the whole Bluetooth system and it's still happening but not as often. Lint. If poking the Bluetooth subsystem doesn't fix it, it's something deeper, and in the darker recesses of that morass called an OS. It tripped out, again, and I wiped it (to hopefully kill the restore image) and reinstalled from a USB stick. Seems a lot better. Hasn't crashed yet. I didn't do a restore, but it was a limited use system so no pain.
It was/is an Intel based mac. Lint happens to every system. Some just seem to be more sensitive to it, or vulnerable.