Hi suat,
In case you are interested, I will tell you what I have been doing in VM.
I made a Windows 7 x64 Pro VM legally activated with a valid key. I cloned it, downloaded MCT and made it W10 21H1. Then I cloned that one, applied the patches and made it W10 21H2 RP. Then I cloned that one, clean installed Windows 11 build .176 and joined Beta. Finally, I cloned that one too, clean installed 22449.1000 and joined Dev.
In other words, from a single Windows 7 installation, I was able to create 4 legally activated VMs 😁
On a different note, Johnny or regular users of VMware probably know about this.
I came across a VMware free easy to use utility called vCenter Converter Standalone that allows you to convert any physical machine into a VM, but it doesn't carry over the activation of the original machine. 😞