Apple AirPlay supports 24-bit lossless audio but you can't use it

If AirPlay is limited to 16-bit CD-quality streams, how is the HomePod able to use AirPlay at a better-than-CD 24-bits?

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Does airplay support 24 bit? How do we take advantage of the new lossless feature? : r/AppleMusic

AirPlay 3 is needed : r/AppleMusic

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Apple Hi-Res lossless via Airplay using Yamaha R-N303 / RxV683