When removing an old wooden axe handle, I drill out the wood with an electric drill. First, cut off the wood handle close to the head, and put the head in a vise. Then drill out the wood, and tap out the remaining wood with a punch. I imagine if you got that stuck in a peace of hardwood you might as well burn it in the wood stove with the axe in it lol. I guess if you are splitting dry small straight grain wood it might hold together but I wouldn't have any use for it, a good novelty item maybe!