The court has determined that the 94,643 BTC, valued at $9.4 billion, should be returned to Bitfinex, which could significantly reduce Trump's proposed strategic reserve.
If the U.S. government begins to acquire bitcoin for its strategic reserve from a lower base, it could push prices higher through market buys.
Returning bitcoins to Bitfinex is legally justified and would relieve potential downward pressure on bitcoin's price that could arise from any government sale.
Senator Lummis' legislation for purchasing bitcoin as a national reserve requires enactment to solidify Trump's aim of establishing a strategic bitcoin stockpile.
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