Franklin Templeton's digital asset team, in its latest report, warns that while companies adopting Cryptocurrency as a crypto treasury strategy have advantages such as capital premium, asset appreciation, and staking yields, if market volatility causes the company's market cap to net asset value ratio (M/NAV) to fall below 1, they will face risks such as difficulty in financing and shareholder dilution, which in turn triggers a negative feedback loop, forming a "dangerous" downward cycle. (TheBlock)