From searching for the past several days for possible
answers to Catalina Macs not Supported in Big Sur,
there are two items that seem prevalent. First, Intel
has in fact dropped support for some of their older
silicon for any security patches (perhaps one motivator
in Apple's push to ARM since they will have control?).
The other is also security patch support for older WiFi
silicon with Apple's push for a more secure platform.
Then, Apple engineers are the only ones who know the true
reason(s) Catalina capable Macs were dropped from Big Sur.
In the mean time as an aside, a couple days ago a dozen or so
iMacs popped up in Apple Refurbs and a couple seemed to fit my
needs. So, I went to sharpen my accounting pencil to determine
what made sense to get and how to pay for it. Two days later
went back and all but two were gone and they were 21.5".
I guess the saying holds true, "He who hesitates is lost".