Wrap the whole thing firmly with a towel, something thinner and long, so you get multiple wraps. Then put it in a vice, very gently - just tight enough to hold it. Or let a person hold it.
Then use an impact driver to get it loose. If you use a cordless driver, use quick, short bursts. Like 1/4 second at a time.
Double check whether it's a left- or right-hand screw.