Biblical Reference:
The miracle of the floating axe head is recorded in the Old Testament, specifically in 2 Kings 6:1-7. This event is one of the many miracles attributed to the prophet Elisha, a prominent figure in the history of Israel.

Context and Narrative:
The narrative unfolds during a time when the sons of the prophets, a group of prophetic disciples, were under the tutelage of Elisha. As their numbers grew, they found their current dwelling too small and decided to build a larger place near the Jordan River. Each member of the group was to contribute by cutting down a tree to provide the necessary timber for construction.

During this process, one of the men was using a borrowed axe when the iron axe head flew off the handle and fell into the water. In distress, the man cried out to Elisha, emphasizing that the axe was borrowed, which added to the gravity of the situation due to the potential financial burden and the cultural importance of returning borrowed items intact.

Elisha, demonstrating his role as a prophet and a man of God, asked the man where the axe head had fallen. Upon being shown the location, Elisha cut a stick and threw it into the water at that spot. Miraculously, the iron axe head floated to the surface, allowing the man to retrieve it. This miracle not only resolved the immediate problem but also reinforced Elisha's authority and the presence of God's power working through him.

Theological Significance:
The miracle of the floating axe head is rich in theological implications. It underscores God's concern for the everyday needs and challenges of His people. The seemingly mundane problem of a lost tool is met with divine intervention, illustrating that no issue is too small for God's attention and care.

Moreover, the miracle serves as a testament to Elisha's prophetic authority and the continuation of God's work through him, following in the footsteps of his predecessor, Elijah. It highlights the theme of God's provision and the importance of faith in His ability to intervene in the natural order.

Symbolism and Interpretation:
The floating axe head can be seen as a symbol of restoration and redemption. Just as the iron was brought back from the depths, so too can God restore what is lost or broken in the lives of His people. The use of a stick by Elisha may also be interpreted as a foreshadowing of the cross, through which God would ultimately provide redemption and restoration to humanity.

Practical Lessons:
From a practical standpoint, this miracle teaches the value of seeking God's help in times of need, regardless of the situation's perceived significance. It encourages believers to trust in God's power and provision, reminding them that He is attentive to their circumstances and capable of performing wonders beyond human understanding.

Cultural and Historical Insights:
In the ancient Near Eastern context, iron was a valuable commodity, and tools made from it were not easily replaceable. The loss of a borrowed axe head would have been a significant financial burden, highlighting the importance of the miracle in alleviating the man's distress. This event also reflects the communal lifestyle of the prophetic community, where resources were shared, and mutual support was essential.

Conclusion:
The miracle of the floating axe head remains a powerful narrative within the biblical canon, offering insights into God's character, the role of His prophets, and the assurance of His care for His people.