Where is it?
A) Uploaded to microsoft
B) Somewhere in EntraID?
C) Somewhere in our onprem AD?
D) Written down on a scrap of paper when I set up the laptop
the fact that they never ask for the passphrase is a weakness of the system. Because now you have an extremely difficult situation as soon as you're off the happy path.
It's also like 64 characters alphanumeric with no capability to copy/paste.
Compare it to Vera/Filevault where the access key is the users passphrase. In MacOS it's literally your account password, which follows along with your in-OS account credentials.