https://youtu.be/psL_5RIBqnY?t=6687
> Now, Find My combines Find My iPhone with Find My Friends... And it has a new twist because it can now even locate Apple devices that are offline... Let's say you have misplaced your MacBook. So, even when it's offline and sleeping, it sends out a secure Bluetooth beacon that can be detected by other people's Apple devices nearby. Now, they can relay your MacBook's location to the network and ultimately back to you so you can find it. Now, what's amazing is that this whole interaction is end to end encrypted and anonymous.
About two full minutes of Craig explaining it.