I finally managed to extract it. It didn't install a game. It installed a mirror.
audio_track_04.wav : 12 seconds of rhythmic scratching followed by a child’s laughter. Beeny.rar
setup.exe : (Warning: This file contains an unsigned signature from 'THE_BASEMENT_ROOT') I finally managed to extract it
4.22 MB Date Modified: 03:14 AM – July 12, 1998 Status: [REDACTED] Archive Content Log: audio_track_04
README.txt : "If you see the eyes in the static, don't blink. He likes it when you blink." beeny_grin.bmp : [Corrupted Image Data]
Found this on a discarded floppy disk behind the radiator in the old library. The file won’t delete. Every time I try to move it to the Trash, my monitor speakers emit a low-frequency hum that sounds like someone whispering the word "Beeny" over and over.