You might be asking why someone would want version 5.9.300 specifically. Here is the reality of using older emulator builds:

Leo began his quest on the official BlueStacks archives. As he clicked the link, the progress bar felt like a countdown to a new era. While the file transferred, he read the scrolls (patch notes): this version fixed the stuttering in high-intensity shooters and smoothed out the jagged edges of his favorite RPGs [1, 2].

: Uses up to 50% less RAM than previous versions for smoother multitasking.