Microsoft have closed the loophole using Windows 7/8 licences to activate Windows 10 and it was never intended to activate Windows 11.
The free upgrade period 2015 to 2016 for the free upgrade from Windows 7/8 to Windows 10 was for the life of the device making the Windows 10 upgraded licence effectively an OEM licence. (no transfer rights)
To activate windows 11 on new hardware will require a new licence.