Ideal and practical DACs resolution

Hi,

16 bit data theoretically provides with 96db Dynamic Range (DR) (20*log(2^16) )
24 bit - 144db 20*log(2^24)
32-bit - 192db 20*log(2^32)

But, parameters of the award winning ES9038PRO 32-bit DAC
provides with "up to 140dB"
(ESS Technology :: ES9038PRO)

Actually 140db DR can be achieved with just 24 bit data.
What are the 8 (32-24) LSBs for?
Anyway signal determined by the 8 LSBs would be below the practical noise level.

The 8 LSBs can't affect THD as well, ES9038PRO's THD is 122db
And 24 bits is more than enough to make that.

Is it just a marketing as "the more bits the better"?
Or just a technological consequence as "even number of bytes are more technological"?

What am I missing?

Thank you,
Serge
 
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