While exclusively a Bitcoin wallet, Mycelium includes advanced multi-currency accounting features that support comprehensive financial management. The wallet automatically tracks exchange rates across multiple fiat currencies, providing real-time portfolio valuation and historical performance analysis. The mycelium wallet’s reporting system generates tax documents, capital gains calculations, and financial statements compliant with international accounting standards. These features are particularly valuable for users and businesses operating in multiple jurisdictions, providing the financial reporting capabilities necessary for regulatory compliance while maintaining the privacy and control principles of Bitcoin.