Pull the bed into a corner and angle it. If space is at a premium, it doesn't have to be at a 45-degree angle. You may have room for a small round table on one side of the bed and another table or nightstand on the other. Use the other nightstand as an end table next to a chair. Have fun with the furniture in the bedroom.
Convention just flies out the window.
Pull the bed into a corner and angle it away from the walls.