Short term they could dump the dollar exchange rate, but there are a few things to consider

1. Long term it doesn’t matter, and people who buy their coins will get Bitcoin at a discount

2. They would take a huge loss on their Bitcoin themselves, since there would be tons of market slippage. If they sold in a controlled, OTC manner, they would get more dollars for their Bitcoin.

3. The government is typically not supposed to manipulate markets, at least not that transparently. Fidelity and Blackrock would probably be giving them a phone call.

4. They said they would sell them all last year, and only sold 9,000 (if I remember correct). Why would they give up Bitcoin for shit money that they can print themselves? It would be a huge mistake which I don’t anticipate them making.