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I've read that Valve was worried about Windows Store eating their lunch (i.e. creating a walled garden around gaming on windows platform). So Valve started investing heavily into gaming on Linux as a hedge.

Linux is effectively valves insurance policy against microsoft going back to the good old days.

Maybe it's profitable already? 0.8-1% of Steam's userbase is not a small number.

Steam has a vested interested on Linux ever since Microsoft introduced the Microsoft Store.