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What if Trump's announcement wasn't the original bombshell he intended to deliver

Either Trump is a total fool thinking that this $5m offer would be anything significant or there was something else going on. I wonder if Trump found something, something huge. If Obama or his administration figured it out beforehand, what would they have done? What if Trump had a huge bombshell such as credible evidence of him being a foreign national? Could some backroom agreement have been reached so that Trump decided not to disclose the real bombshell and instead copped out with this $5m offer for his college records? It just seems like Trump overestimated the shock value of this offer. Maybe it really is as simple as that. Who knows?