Testing Keyboards yields some interesting results.
I have a MM2, a MK and a MK2 paired to a 2014 iMac.

In macOS, both Keyboards work simultaneously, and holding Alt/Option on either (before the audible 'Boing'), shows the Apple Bootmanager.
In Windows, the MK2 showed up correctly when Windows was booted. Windows had never seen the MK2 before. It was setup and worked.

Interesting part is that the MK2 worked, but MK, despite being paired/connected, would not allow any input, only MK2 worked.

Switching back to macOS, both Keyboards allowed Alt/Option (before the audible 'Boing') and worked simultaneously, while booting.
There are other variations, with/without FileVault and with/without BitLocker, that I will not be able to test.