I've had the pleasure of working for CEOs who don't resort to public threats (or all caps) to get their point across. When I chose who leads me or who I work with stability and consistency are key. This just sounds like a man who thinks he can flex his way out of a problem and that is just such a short sited way to solve problems. Not my kind of CEO.
Why shouldn't they resort to strongarming? Italy literally wants to blacklist IPs at whim for the entire planet. Cloudflare CEO is 100% in the right to strongarm them. Who do these people even think they are, to censor the planet's DNS?