Various embodiments of the disclosure relate to an electronic device and method that increases the efficiency of power supplying of a wireless charging circuit. The processor may perform a wireless power sharing function, may identify the type of an external device aligned with a coil of the electronic device, may supply a designated first power to a wireless charging integrated circuit of the electronic device in the case in which the external device is a first device, the first device being a device that requests a voltage higher than a reference voltage level, may control the wireless charging IC to generate a current of the coil based on the first power, may activate a path that directly connects a battery of the electronic device and the wireless charging IC, and may supply a second power lower than the first power to the wireless charging IC via the path.