Strip image metadata doesn’t mean the color profile should be ignored.
An image that loses its color gamut information is rendered as a different image. And this feature supports a very limited number of image formats.
For example, AVIF does not lose any image metadata, however, the resulting thumbnail is not color managed.
Refer to the image below. Please wait patiently for Discourse to load the preview image, then click to expand the original image. Note the color difference between the two.
