Some things to try (not in any specific sequence):
a) Remove the SD card and power on the RPi board. Check that the firmware screen shows up and HDMI and EDID are 'OK'
b) Check that you've updated to the lasted RPi-eeprom firmware? If not, update and try again
c) See if the image here https://chewitt.libreelec.tv/testing/LibreE…-12.90.1.img.gz behaves any different?
d) Using a spare SD card write the nightly image to the card (so clean install not update) .. booting?
I'm using an RPi5 with my own nightly image for aeons without issues so there's no general problem. I have a hunch it might be eeprom firmware related (b).