Can you install Microsoft 365 Single on multiple devices?

I want to buy the Microsoft 365 single. But I have a computer and a laptop to take with me and wanted to ask if I could also use the paid single account to log on to both devices and use Powerpoint, etc. Or are there any problems then?

Microsoft Office 365 Single can be used by only one participant but for a max. 5 devices can be installed.

https://www.microsoft.com/...5-for-home