Shoto reads all of that and... and he's really touched by it. Not only that but Bakugo has given Toge a nickname again and that really warms his heart. Even if it's not a nice one by convention, Shoto thinks it is. It's how Bakugo shows he cares.

And boy is Shoto getting an earful of care. Or eye-ful.

That's one of the nicest things you've ever said to me, Bakugo. I will keep in mind, much more, that even if I feel differently, other people don't see me that way. Thank you.