I don't think that any of this is relevant to the person who steals phones.
They don't give a damn if it has this or that app installed or whether its a titan M2 chip or its BFU or AFU.
That glass brick in your hand, you are looking into and are unaware of whats happening around you, is just currency, pure and simple. Its an object to trade for a few dollars/euros, so they can buy a burger or whatever.
Within hours your precious phone is just a pile of parts, ready for resale on eBay. Anything traceable is binned.
Just because you know you have x,y,z installed does not mean a thief on a Lime bike will avoid stealing your device.
Even they know about Faraday bags.
My phone has a 14 digit pin, and auto reboot at 30 minutes, so if it is stolen, my contacts in my phone are given the same level of protection I give myself, its lost. Move on. I was careful enough to buy a cheap phone I could afford to drop, submerge, loose or even have it snached the IMEI is registered online, maybe it will lead to a conviction, who knows..