The valve in the top left corner has been for some time the 'quick drain valve'(QDV)and not the pressure release valve it once was? Reason is as a pressure relief valve, it blows off at 50psi, permanent stretching to the later slimmer tie rod occurs at pressure above 40psi.
Whichever, after several years this valve is very prone to break at it's base leaving the threaded part in the heater, however it's straightforward to replace if the correct method is used.
Inviting as it is, you must NEVER attempt to use a tapered 'stud extractor' of the type used to remove metal bolts, this is without doubt certain to do far more damage.