Can my S-Corp own Bitcoin as an asset

I don’t even know if this would be ok or advantageous for me.

Have a service company set up as an S-Corp.

I’m not looking to trade, just sporadically buy BTC with the emergency cash I don’t need in the business account. It’s been 15 years and I’ve never had to dip into these funds so I’m not worried, if I set up an account in with the business info and bought Bitcoin with it is there any downside? I’ve got a shot at the money potentially appreciating rather than sitting there, if BTC drops for a few years so what I’m not doin anything with it anyway