The other issue with this is that with a traditional warrant you know that they are gaining access. You might not be happy with it, they may have even busted down the door on the way in, but whatever damage was done was done once.
With this they break in (potentially damaging your systems), they take your data (potentially in ways that could leak it to other parties), store it (potentially insecurely), and even though your operations are compromised you have no idea.
Who is on the hook when the FBI leaks your SSH keys after they used a 0day to break into your machine and vacuum up everything on the HD? What if those keys are used to issue a software update that crashes every one of your businesses self driving cars all at once?
This rule is just dealing with who can issue a warrant, not with what can be done once a warrant is issued.
Note that this only removes the tie to geography in two circumstances:
1. The location of the targeted data has been "concealed through technological means", or
2. the crime being investigated is a violation of the Computer Fraud and Abuse Act, and the damaged computers are in five or more districts.