The imbalance induced by inhibition of bone mesenchymal stem cell (BMSc) osteogenic differentiation results in osteoporosis (oP); however, the underlying regulatory mechanism is not completely understood. long non-coding rnas (lncrnas) serve crucial roles in osteogenic differentiation; therefore, investigating their regulatory role in the process of osteogenic differentiation may identify a promising therapeutic target for oP. The expression of small nucleolar rna host gene 1 (SnHG1), dickkopf 1 (dKK1), microrna (mir)-101, runX family transcription factor 2 (runX2), osteopontin (oPn) and osteocalin (ocn) were detected via reverse transcription-quantitative Pcr. The protein expression levels of dKK1, β-catenin, runX2, oPn, ocn, osterix and collagen type i α1 chain were analyzed by performing western blotting. The osteoblastic phenotype was assessed by conducting alkaline phosphatase activity detection and alizarin red staining. The interaction between SnHG1 and mir-101 was validated by bioinformatics and luciferase assays. The regulatory role of SnHG1 in BMSc osteogenic differentiation was assessed. SnHG1 expression was downregulated in a time-dependent manner during the process of osteogenic differentiation. SnHG1 overexpression inhibited osteogenic differentiation compared with the pcdna group. The results indicated that SnHG1 and dKK1 directly interacted with mir-101. Moreover, SnHG1 regulated the Wnt/β-catenin signaling pathway to inhibit osteogenic differentiation via the mir-101/dKK1 axis. The present study indicated that lncrna SnHG1 could attenuate BMSc osteogenic differentiation via the mir-101/dKK1 axis as a competitive endogenous rna. Therefore, the present study furthered the current understanding of the potential mechanism underlying lncrnas in in osteogenic differentiation.