Run the same Windows 11 VM -- MacBook Pro & Mac Studio

I have an M4 Pro MacBook Pro & an M2 Max Mac Studio, and I would like to be able to run the same Windows 11 VM on either machine, depending on if I am at home or somewhere else. I think this comes down to one of three solutions, but if you have other suggestions I would like to hear about them.

1) external drive

I do not like the external drive option, since it is cumbersome on the MacBook Pro. I do not want wires protruding from the machine when I am using it somewhere remote, nor do I want to support the drive physically, like on a desk, bench or whatnot. Tiny usb-C flash drives don't seem to exist like they did in type-A, but if they do exist and are fast enough I would consider that. From what I have seen, most are just copies of the old fashioned pack-of-gum type, usually even longer because they also have type-A ports on the other side.​

2) SD card

I would prefer to use an SD card, but researching this is hard because every search result talks about using the SD card from within a running VM, and that is not the issue. I just want to know if it is practically fast enough to run a Windows 11 VM, for Solidworks for example. If you do this, how well does it work for you?​

3) iCloud drive/Google Drive for Desktop/similar

Is it technically possible to run a VM from a cloud drive? I sync my documents and desktop folders to iCloud - is it possible to load and run a VM from this folder? Beside technical limitations -- if they exist -- are there other factors to consider? What about Google Drive for Desktop? I have a 2TB limit and this would be the most ideal place to store a VM. I don't have that much in iCloud.​

 

I know this is a somewhat dated post, but I am in the same boat as you. My PC laptop died, which I used to VPN into my office. Once in, I would remote desktop to my work PC if I needed something specific that was Local on my main PC, or just use the resources - Office, Shared Drive, Printers that were available on my remote PC when I was tunneled in. I have a Mac Studio in my office, along side my PC desktop which for the past couple of years I have used a KVM switch to jump between the two machines.
I am considering picking up a M4 Pro and was thinking about running a shared VM, just like you asked. What, if anything, have you figured out?
My thoughts were running the VM on the M4 Pro so that I could VPN to the desktop. Or running a second VM on my Studio and eliminating the work PC all together.