MQA is a lossy compression technique, kind of highres version of MP3
A MQA manifest itself as a PCM audio file. Hence you can pack it in any lossless PCM audio format e.g. WAV, AIFF, FLAC, APE, etc as long as it is a lossless format.
If you do “nothing”, it plays as a 24 bit 44.1 kHz pcm audio file.
If you use MQA enabled software, it is expanded to 24 bits 88.2 PCM. As the bits below 17 are used to store the higher frequencies (44.1 allows for 22 max), it is effectively a 17 bits / 88.2 file.
If the watermark is detected by a MQA enabled DAC, the DAC will apply minimum phase filters and upsamples to 352.
So if you have a non-MQA compliant DAC doing minimum phase filtering and upsampling, you have MQA without paying the price 😊
Anyway, its first stage ( 24/44.1) should play regardless.
That is probably why Steve want to “see” it.