Stripping Wood

Are you holding a shield? In that case, does shift-right clicking on the wood while holding the axe fix the issue?

Was not able to reproduce. Seems to work perfectly. Perhaps you are not pressing the right key. It is right click on a computer and on mobile and ipad a button appears.

If you have worldedit installed - WorldEdit wont let axes strip wood in the newest version

Please confirm that you don't have a shield in your offhand or are using any mods when encountering this problem.