I would try an stud extractor myself. They have worked for me in the past. If that fails just drill the whole bolt out and do a helicoil reapir of the thread if it gets damaged.
Is it a steel bolt, if so the head may have been rounded because the bolt is seized. This sort of job is just a pain but it is possible to save the cranks.
Is it a steel bolt, if so the head may have been rounded because the bolt is seized. This sort of job is just a pain but it is possible to save the cranks.