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Is that in American dollars?
If those 300 games were even US $70 each which is exceedingly generous, you’d only scratch $21,000 as the cost of everything. Unless Steam was literally giving you $180,000+ for using their store, you’ve not saved hundreds of thousands.
Unless you’re referring to hundreds of thousands of pennies.
It’s possible they have more games in their library as they did say 300+ games they want to play, but yeah the numbers they gave don’t add up to hundreds of thousands. Unless they were taking phrases like “a $700 Demon Souls machine” very literally.