Seeing how many dried inflorescences I see, I'd guess that it's all going to be vegetative growth. If the base of the P-bulb is showing signs of rot, which would explain all the new growths, I'd agree that cutting it off and laying it on it's side will give each growth more room to develop and make separating them later easier. If it looks healthy I would leave it as is.
Never seen one produce that many in one go. If all really are new growths, I'd guess it'll result in small plants that are going to skip blooming for a year.
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