It's the most blatant expression of market manipulation in US history. How is that not important? We've all said, "The game is rigged." Now we have proof. If proof of how the insiders fuck the outsiders isn't important, I don't know what is. This is a *real* step towards cultural progress.
Think about it this way: If the shorts had won, gamestop, AMC and other companies would have eventually gone bankrupt. Now they can use share offerings to cover liquidity problems for post-covid life. And they did it with the wall street money that was attempting to destroy these companies. Wall street insider who think they're smarter than everyone. It's a positive, tangible way for the little guy to stick it to the moneyed interests.