Nothing Chats has already been pulled from Google Play over privacy issues
theverge.com
theverge.com
At that point they have access to your entire iCloud account: messages (obviously), docs, browser history, browser tabs, iTunes/App Store account if you're using a single account, etc. Oh yeah, and that Mac mini is now a trusted device, so it can approve adding new devices to your account if they're compromised (or malicious, but lets give them the benefit of the doubt).
Now based on the problems presented in this article I don't think I would trust their data management or security practices at all, they clearly don't give a damn about customer privacy (beyond their already overt removal of message privacy/e2ee).
Can you register multiple iCloud accounts to a given Apple device and use both simultaneously? I can't otherwise see how this could possibly be cost effective, or feasible, or scalable.