In my experience, blind reviewers for peer reviewed journal articles in certain cases may argue that publicly available binary or sources are a prior publication of the technique or method, and a reason for rejecting the paper.

This risk is hard to assess in advance. Many journals do not clarify the policy regarding advance publishing of source code or even binaries alone.

Given the impact this could have on a student's career, this is worth considering carefully, and if possible, clarifying in advance with the journal's editor or program chair.